German retail sales in March were down a real 3 per cent from February and were down a real 4 per cent year-on-year, according to data from the statistics office.
In nominal terms, March retail sales were down 2.6 per cent from February and were down 3.8 per cent year-on-year, theoffice said in a statement.
Analysts polled by AFX News forecast a real decline of 1 per cent month-on-month and a real decline of 2.7 per cent year-on-year.
AFP