Daily Management Review

The Retail Sales’ Sector In Germany Defied Expectations


01/30/2016


The under-performance of German retail sales’ market brought in its share of disappointment.



The closing month of December 2015, saw a drop of “0.2%” in the retail sales of Germany, while the real terms failed to meet the expectations of a “revised 0.4%” seen in the previous month, informed the Destatis’ data.
 
According to the reports of Digital Outlook:
“The figures missed economists’ expectations for a 0.5% rise.”
 
Throughout the year of 2015, the retail sales remained higher by “1.5% in real terms”, the steady performance even carried itself to December but came crumbling down eventually in during the year end, although the performance all round the year could not match the forecasts of the economists. The retail sales under performed by point five percent as the forecast was of an increment of two percent.
 
The report disappointed the Pantheon Macroeconomics:
“Assuming no major revisions next month, retail sales fell 0.1% quarter-on-quarter in Q4, down from a 0.9% surge in Q3. These data then confirm our suspicion that consumers’ spending slowed towards the end of last year, but overall 2015 was a spectacular year for the German consumer, with record growth rates. Fundamentals look solid for strong growth in 2016 too, but momentum likely will slow in the short run.”







References:
http://www.digitallook.com/
 







Science & Technology

Baidu comes up with a self-driving bus

Developing countries are stepping up their own space programs

McAfee: Number of cybercrime attacks skyrocketed

RemoveDebris Mission To Clear Debris Of In Orbit Over Earth

British experts: Online gambling is dangerous

Vodafone Chooses ‘Highly Trafficked Urban’ Space As Its 5G Testing Grounds

Space To Become A Travel Destination By 2022

Dream Of Immortality Can Be Realised By 2045

Predicting A Patient’s Death Might Be Possible With Google’s Machine Learning Tool

Are online DNA databases dangerous?

World Politics

World & Politics

Was Trump's visit to the UK the last straw?

Prime Minister May Could Alter Brexit Strategies, Said Ress-Mogg

Le Maire: The US refused to release France from anti-Iran sanctions

One Belt, One Road is facing difficulties around the world

Qatar to raise $ 4 billion to buy Eurofighter Typhoon jets

The UK sets to turn all cars zero-emission by 2030

Brexit Minister’s Resignation States May’s Brexit Policies Weakening The Country’s Stance

Global Plastic Waste Can Wrap The Planet ‘Seven Times Every Hour’