Arab Today, arab today german retail sales rebound in lead up to christmas
Last Updated : GMT 20:28:23
Arab Today, arab today
Arab Today, arab today

German retail sales rebound in lead up to Christmas

Arab Today, arab today

Arab Today, arab today German retail sales rebound in lead up to Christmas

Christmas shoppers make their way through a shopping
Berlin - XINHUA

German retail sales rebounded in October after a sharp fall in the previous month, official data showed on Friday, signalling an optimistic Christmas shopping season.
Adjusted for calendar, seasonal and inflation variations, retail sales in October were 1.9 percent higher than in September, when the sales turnover dropped by 2.8 percent, said Germany's statistical office Destatis.
Over the past year, business increased by 1.7 percent.
According to Destatis, the October increase was mainly attributed to sales in food, beverage, tobacco products and other goods such as books and jewelry. Meanwhile, another survey on Thursday found that German consumers' confidence was boosted by optimistic expectations for future income.
German retailers' association HDE forecast earlier this month that sales in the two months leading up to Christmas would be 1.2 percent higher this year than the same period last year, reaching a total volume of 85 billion euros (about 106 billion U.S. dollars).
The group also expected German retail sales in 2014 would grow by 1.8 percent, helping bolster private consumption, which was the main driving force behind the German economy as other pillars such as exports and investment were hit by geopolitical tensions abroad and weak global growth.
Europe's biggest economy expanded slightly by 0.1 percent in the third quarter, narrowly escaping a recession. It contracted by 0.1 percent in the second quarter after a growth of 0.8 percent at the start of this year.
The German government forecast the country's gross domestic product would only increase by 1.2 percent in 2014, instead of the 1.9 percent previously expected.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german retail sales rebound in lead up to christmas Arab Today, arab today german retail sales rebound in lead up to christmas

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german retail sales rebound in lead up to christmas Arab Today, arab today german retail sales rebound in lead up to christmas

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday