FOREX TradingCharts.com

Financial News: German Retail Sales Grow More Than Forecast

German Retail Sales Grow More Than Forecast

01/08/2025 - 02:33:00 (RTTNews)

(RTTNews) - German retail sales grew more than expected in November as consumers brought forward their Christmas shopping to take advantage of special promotions during Black Friday, data from Destatis showed on Wednesday.

Retailers achieved 2.5 percent more sales than in November 2023, better than the expected growth of 1.9 percent. However, retail sales fell 0.6 percent on a monthly basis, confounding expectations for a growth of 0.5 percent.

In the whole year of 2024, retail sales advanced 1.3 percent in real terms from the previous year. Although the retail sales dropped 0.4 percent in the first half, this was compensated by an increase of 3.0 percent in the second half of the year.

In nominal terms, retail sales registered an increase of 2.7 percent in 2024, data showed.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


European Economic News Preview: UK Labor Market Data Due (37 min(s), 31 sec(s) ago)
(RTTNews) - Labor market data from the UK and economic sentiment from Germany are the top economic ...Full Story»

Moldova Industrial Production Decline Eases In November (03 min(s), 29 sec(s) ago)
(RTTNews) - Moldova's industrial production contracted for the fourth straight month in Novemb ...Full Story»

Luxembourg Jobless Rate Steady At 5.9% (23 min(s), 29 sec(s) ago)
(RTTNews) - Luxembourg's unemployment rate held steady for the second straight month in Decemb ...Full Story»

Greece Current Account Deficit Narrows In November (38 min(s), 29 sec(s) ago)
(RTTNews) - Greece's current account deficit declined in November due to an improvement of the ...Full Story»

Eurozone Construction Output Expands 1.2%, Strongest Since Early 2023 (14 min(s), 29 sec(s) ago)
(RTTNews) - Eurozone construction production grew at the fastest pace in nearly two years in Novem ...Full Story»

UK House Prices Rise Most Since 2020: Rightmove (29 sec(s) ago)
(RTTNews) - UK house prices increased the most since 2020 and new sellers coming to the market hit ...Full Story»

Italy Construction Output Grows Most In 10 Months (40 min(s), 29 sec(s) ago)
(RTTNews) - Italy's construction output increased for the third straight month in November, ac ...Full Story»

Hong Kong Jobless Rate Steady At 3.1% (22 min(s), 29 sec(s) ago)
(RTTNews) - Hong Kong's unemployment rate held steady in the October-December period, labor fo ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

European Economic News Preview: UK Labor Market Data Due

01/21/2025 - 00:33 AM (RTTNews)
(RTTNews) - Labor market data from the UK and economic sentiment from Germany are the top economic ...Full Story>>

Moldova Industrial Production Decline Eases In November

01/20/2025 - 09:14 AM (RTTNews)
(RTTNews) - Moldova's industrial production contracted for the fourth straight month in Novemb ...Full Story>>

Luxembourg Jobless Rate Steady At 5.9%

01/20/2025 - 08:34 AM (RTTNews)
(RTTNews) - Luxembourg's unemployment rate held steady for the second straight month in Decemb ...Full Story>>

Greece Current Account Deficit Narrows In November

01/20/2025 - 07:49 AM (RTTNews)
(RTTNews) - Greece's current account deficit declined in November due to an improvement of the ...Full Story>>

Eurozone Construction Output Expands 1.2%, Strongest Since Early 2023

01/20/2025 - 06:25 AM (RTTNews)
(RTTNews) - Eurozone construction production grew at the fastest pace in nearly two years in Novem ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.