The Trader 

Market Outlook: German shoppers shirk shops

The Trader

Data out this morning show that German retail sales fell by 0.6 per cent in March, well below forecasts and the fourth consecutive monthly decline.  Over the last 12 months the level of sales did increase though, by a paltry 1.3 per cent.  This mirrors consumer sentiment surveys which have dipped from a record high this month.

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