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German retail sales recover after sharp July decline
German retail sales have rebounded following a sharp drop in July, according to a Yahoo Finance report. The recovery offers some reassurance about consumer demand in Europe's largest economy after a worrying midsummer slump. Details on the size of the rebound and the data source were not provided.
Why now: Fresh retail sales data suggests German consumer demand is stabilising after a sharp July drop.
Evidence
- German retail sales recover after sharp July decline · Yahoo Finance
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