Global Economic News

Germany Retail Sales Growth Accelerates; Unemployment Falls

Germany's retail sales growth accelerated in August and unemployment declined in September signaling signs of recovery from the coronavirus driven downturn, official data revealed Wednesday.

Data from Destatis showed that retail sales advanced by real 3.1 percent month-on-month, reversing a 0.2 percent fall in July and much faster than economists' forecast of 0.4 percent rise.

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by RTTNews Staff Writer

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