GERMANY DATA: Retail sales in Germany rose by an unexpectedly-strong
2.3% on the month to October, the Federal Statistical Office reported on
Wednesday. However, base effects left turnover down 0.7% on an annual
basis.
— Germany October m/m retail sales above all fcsts (MNI median +1.3%)
— Germany September m/m retail sales revised down to -1.8% (-1.7%)
— Germany October retail sales +0.9% vs 3q avg, 3q +0.3% q/q
— Germany October sales 3mma (August-October:July-September) unch,
September -0.5%
— For more information, please see MNI Newswires