German retail sales dip in 2012 after December slump

January 31st, 2013

FAKE NEWS for the Zionist agenda

DW – German retailers have posted a steep decline in revenues over the past 12 months. Surprisingly, seasonally and price-adjusted sales have not reflected a general uptick in consumer confidence. Taking 2012 as a whole, retail sales in Germany slipped by 0.3 percent in seasonally and price-adjusted terms, the National Statistics Office (Destatis) reported on Thursday. The final month of last year proved to be particularly painful, with sales declining by 1.7 percent month-on-month despite usually lucrative pre-Christmas trading. On a 12-month basis, figures were even more alarming, with retail sales dropping by 4.7 percent in December, compared with levels achieved in the same month in 2011. Read Article

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