News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise with us

German retail sales decline in May

FRANKFURT, GERMANY: Retail sales in Germany declined for the second month in a row in May, confounding analysts' expectations for a slight rise, official data showed on Friday, 29 June 2012.

Retail sales fell by 0.3% in May compared with April in price, seasonally and calendar-adjusted terms, according to provisional figures by the federal statistics office Destatis.

Analysts surveyed by Dow Jones Newswires had expected a slight increase of 0.2% following a decline of 0.2% in April.

On a 12-month basis, retail sales were down by 1.1% in May, the statisticians calculated.

Monthly retail sales data are volatile and subject to frequent revision.

Source: AFP

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za
Let's do Biz