Tue, 30 Jun 2015 08:21:11 GMT
German retail sales beat forecasts in May
Europe largest economy's retail sales grew 0.5% in May, compared with April, however, economists forecasted that figures would stay unchanged for the month. Revised retail sales in April rose 1.3% from March, lower than a 1.7% increase estimate. Meanwhile, retail sales from January to May of 2015 have risen 2.4% year-over-year, therefore indicating that private consumption could remain a growth engine for