YOUR GATEWAY TO INDONESIA AND SOUTHEAST ASIA
Search
xxx hd
No image

Xinhua world economic news summary at 1240 GMT, Nov. 14

BERLIN — Retailers across Germany expect modest Christmas sales gains this year, the German Retail Federation (HDE) said on Monday. Adjusted for inflation, sales in November and December are predicted to fall 5.5 percent year-on-year.

With a 4 percent drop in sales in real terms, online retail is “also unable to provide any major impetus” to Christmas business, which is the strongest sales period of the year fo