Business News & Financial News

Retail sales are backed up against all odds by 0.3% in Germany in July, posting a second consecutive month of decline in monthly, announced Tuesday the Federal Office of Statistics.

Over a year, retail sales rose 0.8%.

Analysts polled by Reuters had expected a monthly increase of 0.5% and an increase of 1.4% over one year.

• The trade deficit to 4.18 billion euros in July
• Slower growth in the euro area in 3Q
• Wall Street ends steady in anticipation of big deadlines
• The unemployment rate to a high of seven months in the U.S.
• Quarterly sales of Bristol-Myers better than expected