Market Updates: German Retail Sales Slips by -4.3%
Arslan Butt•Thursday, January 31, 2019•1 min read
According to Destatis, German retail sales turnover in December 2018 declined by 2.1% in real terms and by 1.2% in nominal terms from December 2017.
Whereas, the December 2018 turnover was in real terms 4.3% and in nominal terms 4.8% smaller than in November 2018.
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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