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German retail sector posts strongest growth in 21 years in 2015: data

German retail sales, a closely watched measure of household confidence, eased by a fractional 0.2 percent in December aloneRetailers 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. 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.

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