German January retail sales beat forecasts
By Frank Prenesti
Date: Friday 28 Feb 2025
(Sharecast News) - German retails sales in January beat expectations, climbing 0.2% month-on-month after a 1.6% fall in December, according to official data published on Friday.
Expectations had been for a print of zero. On an annual basis, retail sales rose by 2.9% in January, compared to 1.8% in December.
In other statistics released on Friday, German import prices increased by 3.1% year on year in January, compared with forecasts of a 2.7% rise.
According to provisional calculations, the seasonally adjusted number of persons in employment fell slightly by 9,000.
Reporting by Frank Prenesti for Sharecast.com
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