German retail sales drop more than expected in April -Breaking
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© Reuters. FILEPHOTO: A group of people walk by a store at the Munich pedestrian zone, Germany. December 6, 2021. REUTERS/Lukas Barth/File PhotoBERLIN, (Reuters) – German retail sales declined more than expected in April due to a substantial increase in food prices, data revealed Wednesday.
According to the Federal Statistics Office, retail sales fell 5.4% in real terms.
A Reuters prediction had forecasted a 0.2% decrease.
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