German retail sales fall more than expected in October

(Sharecast News) - German retail sales fell more than expected in October, down 1.5% compared with the previous month, according to official data published on Friday. The figures compared with a 1% rise in October 2023 and expectations of a 0.3% decline.

In a separate announcement, import prices were 0.8% lower in October 2024 compared with October 2023. Compared with the same month a year earlier, the rate of change was -1.3% in September 2024, and +0.2% in August 2024.

Reporting by Frank Prenesti for Sharecast.com