Germany: retails sales lower in November.

Thursday, 5 January 2012 02:37

According to Germany’s Statistics Office retail sales fell 0.9% in November. It is a second successive month decline after 0.2% in October.

Analysts expected 0.2% increase for November.

At annualized rate retail sales rose by 0.8% compared with 2010 data.

Euro fell slightly lower against U.S. dollar, the couple was traded at 1.2921 after news release.