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German retail sales rebound in October
(MENAFN- AFP) German retail sales, a closely watched measure of household confidence, rebounded in October, following a sharp drop the previous month, official data showed on Friday.
German retailers' sales rose by 1.9 percent in October compared with September, the federal statistics office Destatis said in a statement.
In September, retail sales had slumped by 2.8 percent.
On a 12-month basis, business also increased, rising by 1.7 in October compared with the same month last year, the statisticians calculated.
Retail sales data are subsequent to frequent revision.
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