German retail sales increase at fastest pace in 7 years in February

Source: RTT News
Retail sales in the Europe's largest economy increased in January rising at the fastest rate in a seven-year period reversing previous month's drop, a report published by the statistical office Destatis showed on Friday. According to the report, the country's retail sales increased by 2.5% in February, the strongest pace since 2007, while the figure was forecast to gain 1%.

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