Economic Indicators
German retail sales unexpectedly fall in March
2022.05.02 09:41
FILE PHOTO: People with protective face masks walk at Kurfurstendamm shopping boulevard, amid the coronavirus disease (COVID-19) outbreak in Berlin, Germany, December 5, 2020. REUTERS/Fabrizio Bensch
BERLIN (Reuters) – German retail sales fell unexpectedly in March as the war in Ukraine leads to price increases, data showed on Monday. The Federal Statistics Office said retail sales were down 0.1% on the month in real terms. A Reuters forecast had predicted an increase of 0.3%.
