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German retail sales rebound in November

Europe Materials 4 January 2022 12:18 (UTC +04:00)

German retail sales rose unexpectedly in November, data showed on Tuesday, lifting annual retail sales to a record high despite renewed restrictions in the coronavirus pandemic which held back a consumer-led recovery in Europe's largest economy, Trend reports with reference to Reuters.

The Federal Statistics Office said retail sales were up 0.6% on the month in real terms. That beat a Reuters forecast for a fall of 0.5%.

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