Germany’s retail sales surged surpassed estimations, implying a solid start to 2016, official figures showed.
According to Destatis, retail sales climbed 0.7% in January following a 0.6% rise in December. But annual retail sales dropped 0.8% from a year ago.
Destatis added January 2016 had 25 shopping days, unlike January 2015 with 26 shopping days.
The material has been provided by InstaForex Company – www.instaforex.com
Germany’s retail sales surged surpassed estimations, implying a solid start to 2016, official figures showed.
According to Destatis, retail sales climbed 0.7% in January following a 0.6% rise in December. But annual retail sales dropped 0.8% from a year ago.
Destatis added January 2016 had 25 shopping days, unlike January 2015 with 26 shopping days.
The material has been provided by InstaForex Company – www.instaforex.com
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