BERLIN, Nov. 10 (Xinhua) -- Seventy percent of German retailers expect their revenue around Christmas to stay below last year's, the German Retail Association (HDE) said on Thursday. The survey was conducted among 500 companies.
"This remains a difficult time for retailers," HDE Managing Director Stefan Genth said in a statement, adding that sales in the German retail sector have been impacted by "inflation-driven price increases."
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