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German consumers more upbeat 
German consumer morale unexpectedly rises 
Consumer gloom spreads across Europe 
German businesses downbeat German retail sales posted their first monthly rise in three months in May. They were up 0.4 percent from April.
That boosted hopes that consumer spending may stabilise on the back of a job market recovery in Europe’s largest economy.
However compared with May last year, retail sales were down 2.4 percent. Economists had forecast a drop of 1.6 percent.
More about: Consumer Confidence, GermanyCopyright © 2012 euronews
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