Germany October retail gross sales -1.5% vs -Zero.three% m/m anticipated

• Prior +1.2%

That is an enormous miss in German retail gross sales with the drag largely stemming from non-food retail commerce, which fell by 2.2% on the month. Regardless of a greater exhibiting on the finish of Q3, the drag right here highlights the continued struggles for the German client forward of the vacation interval.

This text was written by Justin Low at www.ubaidahsan.com.



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