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German December retail sales up 0.8% on month

February 02, 2010 | “MarketWatch"

FRANKFURT (MarketWatch) -- Germany's retail sales rose 0.8% in December compared to the previous month, the Federal Statistics Office reported on Tuesday. Most economists expected an increase of 0.9% month-on-month. Retail sales in real terms fell 2.5% in December compared to the same month a year ago. In 2009, retail turnover in Germany dropped 1.8% in real terms compared to the previous year, Destatis also said.

By Polya Lesova


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