German retail sales decline less than expected in April
German retail sales fell 0.3 percent in April, beating analyst forecasts of a 0.5 percent drop. The federal statistics office released the data on Monday.
Xurve View
Xurve View
Germany retail sales fell 0.3% in April, performing better than the anticipated 0.5% decline. The federal statistics office reported the data on June 1. Retail sales matter because they signal consumer spending momentum in Europe's largest economy.
