{"id":39391,"date":"2021-01-05T14:42:17","date_gmt":"2021-01-05T10:42:17","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=39391"},"modified":"2021-01-05T14:42:19","modified_gmt":"2021-01-05T10:42:19","slug":"strong-german-retail-sales-in-2020-as-spending-increases","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/strong-german-retail-sales-in-2020-as-spending-increases\/01\/05\/market-updates\/","title":{"rendered":"Strong German Retail Sales in 2020 as Spending Increases"},"content":{"rendered":"\n<p>The German statistics office said that the country&#8217;s retail sales are expected to grow around 4% in 2020 following a strong performance in November, indicating that consumers have spent money despite the broader economic damage from the coronavirus.<\/p>\n\n\n\n<p>The office said Tuesday that retail sales rose about 2% in November, in contrast to analysts&#8217; expectations of a contraction thanks to strong growth in electronic sales and spending on home improvements.<\/p>\n\n\n\n<p>The November data is due to a partial lockdown in Germany while stores continue to operate.<\/p>\n\n\n\n<p>All shops were forced to close from mid-December as restrictions were tightened to contain the increasing rates of cases with the Coronavirus.<\/p>\n\n\n\n<p>Online retail sales were the biggest gainers in November, with revenues up about 32% from a year ago, while spending on household appliances, building materials and home decorating tools increased by more than 15%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The German statistics office said that the country&#8217;s retail sales are expected to grow around 4% in 2020 following a strong performance in November, indicating that consumers have spent money despite the broader economic damage from the coronavirus. The office said Tuesday that retail sales rose about 2% in November, in contrast to analysts&#8217; expectations &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34631,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6839],"class_list":["post-39391","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-germany"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=39391"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39391\/revisions"}],"predecessor-version":[{"id":39392,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39391\/revisions\/39392"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34631"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=39391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=39391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=39391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}