Monthly change in retail sales in Germany higher than expected…

Thursday, 31 May 2012 05:57

The Statistics Office in Germany reported today that retail sales volume in the biggest European economy increased far more than forecasted in April.
Index grew by seasonally adjusted 0.6% after gaining 0.8% in March.
Comparing with last year retail sales gained 3.8% in April 2012.
In the early afternoon the couple EUR/USD reached 1.2386.