International Economic

More gloom for Germany as retail sales, factory orders fall unexpectedly

By Frank Prenesti

Date: Wednesday 08 Jan 2025

(Sharecast News) - German retail sales and factory orders both fell unexpectedly in November, according to official data released on Wednesday.
Retail sales were down 0.6% in real terms compared with October, federal statistics office Destatis said. Analysts had forecast a 0.5% increase.

Factory orders slumped 5.4% month on month...

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