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German import prices beat expectations, retail sales mixed
Dagens IndustriLO·DE·1 day ago
German retail sales rose 1.3% m/m in August, reversing a revised 3.2% drop, but missed the 1.5% consensus. Annual sales fell 0.4%, an improvement from July's -2.5% but still negative, signaling weak consumer demand. The data suggests a modest recovery in consumption, yet the miss on expectations and persistent annual decline point to fragile domestic demand.