Monday, January 31, 2011

Forex news:Retail sales in Germany fell in December

Drop in sales in December at 0.3% m / m means that sales declined last four months out of five. In fact, sales disappoint markets are five times during this time. Much has been done in order to push Germany over the consumer economy, partly to help reduce the balance of payments surplus, but these data do not indicate any progress in this direction, at least at the end of the year.


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