3/31, 8:00 AM (Source: TeleTrader)
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German retail sales fall 7.1% in February

Turnover in retail trade in Germany declined 7.1% in February in real terms compared to the same month a year ago, the Federal Statistical Office (Destatis) stated in its report on Friday.

Compared to the January figure, retail sales in real terms went down 1.3%.

In nominal terms, calendar and seasonally adjusted turnover in retail trade in February rose 2.6% on an annual level, but dropped 0.5% compared to the month before.

Baha Breaking News (BBN) / AB