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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
By Reuters

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.