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Germany Retail Sales Expand in March



30 April 2012 @ 04:34 am EDT

Germany released the retail sales index for March, where the monthly index expanded by 0.8% from the revised previous drop of 0.9% from 1.1%, yet missing estimates of 1.0% expansion..

Furthermore, the annual index expanded in a faster than expected pace by 2.3%, compared with the revised previous expansion of 2.1% from 1.7%, beating estimates of 0.5%.

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