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German Retail Sales Recover In September

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us

Germany's retail sales recovered in September on higher food turnover, official data showed on Friday.

Retail sales increased 0.2 percent on a monthly basis, reversing a 0.5 percent drop in August, Destatis said. Growth in sales came in line with expectations.

Year-on-year, retail sales growth eased to 0.2 percent from 1.4 percent a month ago.

Sales in the food sector gained 0.3 percent from a month ago, while non-food sales dropped 0.6 percent in September. Online and mail-order sales increased 0.4 percent.

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