German retail sales partially recover in January

German retail sales partially recover in January
German retail sales partially recover in January Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
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BERLIN - German retail sales rose in January, partially recovering from a December slump despite strict coronavirus restrictions still being in place, data showed on Monday.

The Federal Statistics Office said retail sales were up 2% on the month in real terms. That beat economists' average expectation for an increase of 1.8% according to a Reuters poll.

Retail sales were down a revised 4.6% on the month in December.

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