UK factory growth hits two year-low; oil drops; German retail sales in record fall – as it happened

[Google News Bot]

British manufacturers suffer first drop in output in over two years in July, while retail sales in Germany slumped over 8% as inflation hit consumersGerman retail sales have fallen at the largest annual pace since records began in 1994, as households cut back in the cost of living crisis.Retail sales fell 8.8% in real terms in June compared with the same month last year.The difference between the nominal and real results reflects the high price increases in retail, which are having a noticeable ...

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