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Germany November retail sales -0.6% vs +0.5% m/m expected
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- Prior -1.5%
This makes it a double whammy in terms of German data alongside the industrial orders here today. Not even Black Friday or Cyber Monday sales were enough to salvage the month, even if retail sales are seen 2.5% higher compared to November last year.
This article was written by Justin Low at www.forexlive.com.