German retail sales slump in February

Retail sales in Germany have witnessed a surprising drop in February, falling by 1.9 per cent compared to the previous month, according to recent data released on Thursday.

This downturn defied the predictions made by analysts, who, based on a poll conducted by Reuters, had anticipated a modest increase of 0.3 per cent.

The unexpected drop in retail sales raised concerns about the state of the German economy and its retail sector. Further analysis and updates are expected as experts delve into the underlying causes of this surprise decrease.