DUESSELDORF, Sept 10 (Reuters) – Germany’s HDE retail association on Tuesday confirmed its forecast that sales would increase by 2% this year to 537.4 billion euros ($593.34 billion), which would mark a tenth straight year of growth.
“Consumption defies the deterioration of the macroeconomic situation, consumer sentiment remains good,” HDE Managing Director Stefan Genth told a news conference. ($1 = 0.9057 euros) (Reporting by Matthioas Inverardi, Writing by Riham Alkousaa, Editing by Tassilo Hummel)
LINK ORIGINAL: Reuters
