AGL 39.75 Decreased By ▼ -0.25 (-0.63%)
AIRLINK 129.10 Increased By ▲ 0.04 (0.03%)
BOP 6.84 Increased By ▲ 0.09 (1.33%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.41 Decreased By ▼ -0.14 (-1.64%)
DFML 41.00 Increased By ▲ 0.18 (0.44%)
DGKC 82.80 Increased By ▲ 1.84 (2.27%)
FCCL 33.14 Increased By ▲ 0.37 (1.13%)
FFBL 73.75 Decreased By ▼ -0.68 (-0.91%)
FFL 11.90 Increased By ▲ 0.16 (1.36%)
HUBC 110.75 Increased By ▲ 1.17 (1.07%)
HUMNL 14.54 Increased By ▲ 0.79 (5.75%)
KEL 5.23 Decreased By ▼ -0.08 (-1.51%)
KOSM 7.62 Decreased By ▼ -0.10 (-1.3%)
MLCF 39.00 Increased By ▲ 0.40 (1.04%)
NBP 63.75 Increased By ▲ 0.24 (0.38%)
OGDC 194.85 Increased By ▲ 0.16 (0.08%)
PAEL 25.80 Increased By ▲ 0.09 (0.35%)
PIBTL 7.32 Decreased By ▼ -0.07 (-0.95%)
PPL 154.90 Decreased By ▼ -0.55 (-0.35%)
PRL 26.00 Increased By ▲ 0.21 (0.81%)
PTC 18.06 Increased By ▲ 0.56 (3.2%)
SEARL 82.01 Increased By ▲ 3.36 (4.27%)
TELE 7.66 Decreased By ▼ -0.20 (-2.54%)
TOMCL 33.48 Decreased By ▼ -0.25 (-0.74%)
TPLP 8.57 Increased By ▲ 0.17 (2.02%)
TREET 16.51 Increased By ▲ 0.24 (1.48%)
TRG 56.99 Decreased By ▼ -1.23 (-2.11%)
UNITY 27.66 Increased By ▲ 0.17 (0.62%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,536 Increased By 90.6 (0.87%)
BR30 31,325 Increased By 135.7 (0.44%)
KSE100 98,358 Increased By 560.2 (0.57%)
KSE30 30,679 Increased By 198.5 (0.65%)

imageFRANKFURT: Retailers in Germany clocked up their strongest annual increase in sales in 21 years in 2015, with business expanding by 2.7 percent, official data showed on Friday.

German retail sales, a closely watched measure of household confidence, eased by a fractional 0.2 percent in December alone, the federal statistics office Destatis calculated in a statement.

But retailers' sales jumped by 2.7 percent during the whole of 2015, which was the strongest increase since 1994, Destatis said.

Consumer sentiment is currently robust in Europe's biggest economy and domestic demand is the main engine of growth.

Earlier this week, a leading consumer confidence index tracked by the market research company GfK showed that German consumers are continuing to shrug off, at least for now, terror warnings and economic uncertainties regarding the massive influx of refugees.

Copyright AFP (Agence France-Presse), 2016

Comments

Comments are closed.