german retail sales leave contraction zone
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

German retail sales leave contraction zone

Arab Today, arab today

Arab Today, arab today German retail sales leave contraction zone

Berlin - DW

Retailers in Germany have experienced first signs of a nascent recovery after two months of contracting sales across Europe's biggest economy. There was more to come as consumer confidence pointed upwards. German retail sales ended a two-month period of contraction, the National Statistics Office (Destatis) reported Monday. It said sales expanded by 0.5 percent in August on a month-on-month basis in price, calendar and seasonally adjusted terms. The improvement came on the back of a 0.2-percent contraction in July and an even stronger 1.1-percent setback in June. Business also improved for retailers in a year-on-year comparison, with sales showing a modest adjusted 0.3-percent increase in August compared with the results logged in the same month a year earlier. German consumer confidence up again Destatis said the monthly rise was first and foremost attributable to a 5.5-percent sales surge in the clothing, shoes and leatherwear sectors. Strong business was also reported in the food and beverages as well as the tobacco segment. By contrast, books and jewelry didn't sell well, nor did furniture and household appliances. Together, the sectors logged a 4.6-percent decline in the month under revision. The national retail lobbying group HDE said it expected sales to rise by 1 percent throughout the current year, hoping for good business after market researchers showed last week consumer confidence in the country had reached a six-year high.

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*

german retail sales leave contraction zone german retail sales leave contraction zone

 



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*

german retail sales leave contraction zone german retail sales leave contraction zone

 



GMT 11:40 2018 Friday ,05 January

Zuckerberg makes 'fixing' Facebook a personal goal

GMT 01:05 2014 Thursday ,13 February

Flora

GMT 21:50 2017 Wednesday ,25 October

Abdullah bin Zayed visits WorldSkills Abu Dhabi 2017

GMT 16:33 2017 Tuesday ,04 July

Hany Ramzy happy for positive reactions

GMT 20:11 2018 Wednesday ,05 December

EU wants INF Treaty 'preserved and fully implemented'

GMT 21:01 2018 Sunday ,25 November

Oil prices plummet amid U.S. drilling rigs down

GMT 13:01 2016 Sunday ,28 August

China's Top 500 Firms Report First Revenue Decline

GMT 04:46 2014 Thursday ,11 December

Taliban suicide blast kills 6 Afghan soldiers in Kabul

GMT 11:10 2018 Wednesday ,17 January

MP Hariri welcomes Sho
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

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday