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- German retail sales rose more than expected in November
German retail sales rose more than expected in November
According to estimates of the Federal Statistical Office (Destatis), retail turnover 2018 in Germany is expected to be between 1.4% and 1.5% higher in real terms than in 2017. In nominal terms turnover growth is expected between 3.1% and 3.3%. This estimation is based on data for the first eleven months of 2018. According to provisional data, turnover in retail trade in November 2018 increased 1.1% in real terms and 2.9% in nominal terms from November 2017. The number of days open for sale was 26 both in November 2018 and November 2017.
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