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    30.11.2015 09:42 German adjusted retail sales fall 0.4% in October

    Destatis released its retail sales for Germany on Monday. German adjusted retail sales fell 0.4% in October, missing forecasts of a 0.4% gain, after a flat reading in September.

    On a yearly basis, German retail sales jumped 2.1% in October, missing expectations for a 2.9% gain, after a 3.5% rise in September. September's figure was revised up from a 3.4% increase.

    Sales of non-food products increased at an annual rate of 1.8% in October, while sales of food, beverages and tobacco products climbed by 2.3%.

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