Bloomberg News

German Christmas Retail Sales May Exceed 2010, Passauer Reports

December 20, 2011

Dec. 21 (Bloomberg) -- Christmas retail sales in Germany this year may match or slightly exceed last year’s levels, Passauer Neue Presse reported, citing an interview with Stefan Genth, head of the country’s HDE retailer association.

Last year, sales in November and December totaled 76.8 billion euros ($100 billion) and revenue may rise 1.5 percent in the same period of 2011, Genth told the newspaper.

--Editor: Jeffrey Donovan

To contact the reporter on this story: Aaron Kirchfeld in Frankfurt at akirchfeld@bloomberg.net

To contact the editors responsible for this story: Frank Connelly at fconnelly@bloomberg.net; Edward Evans at eevans3@bloomberg.net


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