German retailers still see 09 sales flat to lower

Newswire

FRANKFURT, March 30 (Reuters) - German retail sales are still set to stagnate or ease this year in nominal terms, the HDE retail association said on Monday, reiterating its forecast from early February. Retail sales in Europe's biggest economy were likely to hold steady at last year's level at least until mid-year before worsening somewhat in the second half, HDE said in a statement. "Overall retail sales will move in a corridor from zero to minus 1 percent in nominal terms," it added, ...

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