German Retail Sales Drop More Than Expected In April

German Retail Sales Drop More Than Expected In April

BERLIN (Reuters) – German retail sales fell by more than expected in April, as food prices saw a significant increase, data showed on Wednesday.

The Federal Statistics Office said retail sales were down 5.4% on the month in real terms.

A Reuters forecast had predicted a decrease of 0.2%.

(Reporting by Miranda Murray; Editing by Paul Carrel)