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Germany August retail sales -1.2% vs +0.5% m/m expected

Germany August retail sales -1.2% vs +0.5% m/m expected

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Justin Low
29/09/2023 | 06:00 GMT
  • Latest data released by Destatis - 29 September 2023
  • Prior -0.8%

Ouch. That's a notable miss and once again just reaffirms that consumption activity in Germany is struggling hard in Q3 and looks set to continue into Q4 amid higher inflation still.

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