Germany Retail Sales Decline by 1.9% in February, Contrary to Expectations

Thursday, 28 March 2024, 07:00

Germany's retail sector experienced an unexpected decline of 1.9% in February, diverging from the anticipated 0.3% growth. This unforeseen drop has led to significant market fluctuations and raised concerns about the state of consumer spending in the region. The contrasting figures have caught many by surprise, pointing towards potential shifts in economic dynamics and investor sentiment.

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Germany February Retail Sales -1.9% vs +0.3% m/m expected

Prior -0.4%

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Germany February Retail Sales -1.9% vs +0.3% m/m expected

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