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German Retail Sales Fall 2.3% Year on Year in September

Retail sales fell 2.3% year on year, versus expectations for a 1.1% decline, after falling 0.4% in August. Monthly sales fell 2.0%, against expectations for a 0.4% increase.

Retail sales dropped 2.3% year-on-year, against expectations for a 1.1% decline, after a 0.4% fall in August. Analysts had expected a 0.4% increase for the month.On a monthly basis, retail sales fell 2.0%, reversing the previous month's increase and marking a significantly weaker outcome than econo…

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