German retail sales decline 1.0% y-o-y in April
Retail sales have declined 1.0% in Germany in April from the same month last year, a somewhat better than expected reading, as market analysts had advanced a 2.0% fall.
In nominal terms, retail sales increased 1.5% year on year. From March to April, retail sales declined 1.7% in real terms, and they fell 1.3% in nominal terms
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