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Germany retail sales slump in September as consumer weakness adds to ECB's headache

Germany September retail sales -2.0% vs +0.4% m/m expected Prior +1.3%; revised to +1.2% Germany September retail sales -2.3% y/y Prior -0.4%; revised to -0.3% Ouch. Death, taxes, and Germany economic data disappointing on expectations. It feels almost inevitable more often than not. That's a big miss on German retail sales with consumption activity softening across the board. Looking at the…

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