German consumers spending less

May 4th 2023 1:43am EDT

The cost-of-living crisis has dented retail sales, an official report shows Germany’s retail sales dropped in March, against market expectations, data published by the national statistics service Destatis revealed on Tuesday. Price-adjusted retail turnover fell by 2.4% in March compared to February, despite a predicted 0.4% rise. On an annual basis, sales were down 8.6% […]

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