German retail sales rise in July

GMT 11:10 2015 Monday ,31 August

Arab Today, arab today German retail sales rise in July

German retail sales figures are up
Frankfurt - AFP

German retail sales, a closely watched measure of household confidence, rose in July, official data showed on Monday.

Retailers' sales increased by 1.4 percent in July compared with June, the federal statistics office Destatis said in a statement.

The previous month, retail sales had fallen by 1.0 percent.

On a 12-month basis, business increased even more strongly, jumping by 3.3 percent in July compared with the same month last year, the statisticians calculated.

Retail sales data are often revised.


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