Credit: REUTERS/FABIAN BIMMERBERLIN, Aug 30 (Reuters) - Shop sales in Germany fell by far more than expected in July, with customers handing over 2.2% less than in the previous month, the latest in a cluster of signs that Europe's largest economy is losing steam.
While growth compared to the same period the year before was still solid at 4.4%, the month-on-month decline was far below the 1% fall analysts had expected.
Compared to the year before, internet and mail-order sales had enjoyed the biggest growth, surging 8.4% in real terms.
(Reporting by Thomas Escritt)
((Thomas.Escritt@reuters.com; +49 (0)30 28885211; Reuters Messaging: Thomas.Escritt.thomsonreuters.com@reuters.net; Twitter: @tomescritt))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
