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German consumers: out of the blocks?

Posted on February 1, 2011 by Wealth and Investment Management

Yesterday, Germany’s statistics office reported a disappointing set of retail sales figures, with spending down in December for the fourth month out of the last five, and annual retail sales growth in volume terms in 2010 of just 1.2% – hardly a figure to blow the lights out. Yet, observers are not throwing in the [...]

Filed under: Economics, Germany, household income | Tagged: , | Leave a Comment »

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