BERLIN (AP) — German retail sales dropped for the secondmonth in a row in October, underlining
concerns abroad that Europe’slargest economy is overly dependent on its exports to drive growth.TheFederal
Statistical Office reported Friday that retail sales were down0.8 percent compared with September when
adjusted for calendar andseasonal factors. They dropped 0.2 percent the previous month.TheU.S. recently
urged Germany to try to boost domestic demand, saying itslarge trade surplus was causing problems for its
eurozone partners.VarengoldBank analyst Anita Paluch says after two months of retail sales dropsit is
"too early to call it a trend" but that the figures are"definitely concerning." Still, a
monthly survey released this weekshowed a rise in consumer confidence.Copyright 2013 The Associated Press.
All rightsreserved. This material may not be published, broadcast, rewritten orredistributed.BERLIN (AP) —
German retail sales dropped for the secondmonth in a row in October, underlining concerns abroad that
Europe’slargest economy is overly dependent on its exports to drive growth.TheFederal Statistical Office
reported Friday that retail sales were down0.8 percent compared with September when adjusted for calendar
andseasonal factors. They dropped 0.2 percent the previous month.TheU.S. recently urged Germany to try to
boost domestic demand, saying itslarge trade surplus was causing problems for its eurozone
partners.VarengoldBank analyst Anita Paluch says after two months of retail sales dropsit is "too early
to call it a trend" but that the figures are"definitely concerning." Still, a monthly survey
released this weekshowed a rise in consumer confidence.Copyright 2013 The Associated Press. All
rightsreserved. This material may not be published, broadcast, rewritten orredistributed.