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    07.01.2016 11:36 German adjusted retail sales rise .2% in November

    Destatis released its retail sales for Germany on Thursday. German adjusted retail sales rose 0.2% in November, missing forecasts of a 0.5% gain, after a 0.1% fall in October. October's figure was revised up from a 0.4% drop.

     

    On a yearly basis, German unadjusted retail sales jumped 2.3% in November, missing expectations for a 2.4% gain, after a 2.1% rise in October.

     

    Sales of non-food products increased at an annual rate of 2.3% in November, while sales of food, beverages and tobacco products climbed by 2.4%.


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