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German retail sales rise but import prices cloud outlook

German retail sales in February exceeded expectations but a rise in import prices indicated a looming inflation surge, potentially dampening consumer spending, according to data published on Monday. Retail sales rose by 0.8% compared with the previous month, data showed on Monday. "The bad mood among consumers is a dent in further spending enthusiasm," said Alexander Krueger, chief economist at Hauck Aufhaeuser Lampe Privatbank.

German retail sales in February exceeded expectations but a rise in import prices indicated a looming inflation surge, potentially dampening consumer spending, according to data published on Monday. Retail sales rose by 0.8% compared with the previous month, data showed on Monday.

"The bad mood among consumers is a dent in further spending enthusiasm," said Alexander Krueger, chief economist at Hauck Aufhaeuser Lampe Privatbank..