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German retail sales fall more than expected in July
Summary
German retail sales fell more than expected in July, decreasing by 3.4% compared with the previous month, data showed on Tuesday. Analysts polled by Reuters had predicted a 0.4% increase.
The buying mood of the Germans remains weak: In July, retail sales fell sharply. Turnover at petrol stations and online trade declined particularly markedly.
Federal Statistical Office: WIESBADEN (ots) - Retail turnover, July 2026 (provisional, calendar and seasonally adjusted) -3.4 % on the previous month (real) -1.7 % on the previous month (nominal) -2.5 % on the previous year (real) +0.3 % on the previous year (nominal) June 2026 (revised, ...