German retail sales fall by 1.6 percent in October: statistics (AFP via Yahoo! News) by Retail

Mon, 01 Dec 2008 03:00:35 -0500

German retail sales fall by 1.6 percent in October: statistics (AFP via Yahoo! News)

by Retail (Retail) @ Mon, 01 Dec 2008 03:00:35 -0500
German retail sales plunged by 1.6 percent in October from the previous month, preliminary data showed on Monday, catching economists by surprise and underscoring by how much consumers are tightening their belts as Europe's biggest economy falls into recession.