GERMANY DATA: Retail sales in Germany fell 0.2% on the month in real
terms in August, adding to July’s 0.4% slide, to give an annual rise of
2.2%, the Federal Statistical Office reported on Friday.
— Germany August m/m retail sales below all fcsts (MNI median +0.5%)
— Germany July m/m retail sales revised down to -0.4% (-0.1%)
— Germany July+August avg sa retail sales -0.1% vs 2q avg,2q +0.9% q/q
— Germany August sales 3mma (June-August:May-July) -0.2%, July +0.3%
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