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3/4, 8:00 AM (Source: TeleTrader)
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German retail sales up 1.8% YoY in January

Turnover in Germany's retail trade in real terms yearly increased by 1.8% in January, according to the report released by the country’s statistical office Destatis on Wednesday. In nominal terms, retail sales jumped 3% compared to the same month a year earlier.

Meanwhile, adjusted January's turnover rose 0.9% in real terms compared to the previous month and 1.2% in nominal terms for the same period.

Breaking the News / ND