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Germany to extend COVID-19 lockdown until March 28 - retail sales down more than expected in January - March 2, 2021

sharon sanders

Editor-in-Chief & President
MARCH 2, 20215:51 AMUPDATED 17 MINUTES AGO

Germany to extend coronavirus lockdown until March 28: draft

By Andreas Rinke

2 MIN READ

BERLIN (Reuters) - Germany plans to extend its coronavirus lockdown until March 28 while easing some restrictions from next week, a draft document to be discussed by Chancellor Angela Merkel and federal state leaders showed on Tuesday.

Merkel is due to discuss lockdown and easing options with the 16 state heads on Wednesday, as coronavirus cases in Germany hit more than 2.4 million and public frustration mounts over restrictive measures and a sluggish vaccine roll-out.

more..

https://www.reuters.com/article/us-...kdown-until-march-28-draft-idUSKBN2AU121?il=0

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MARCH 2, 20212:22 AMUPDATED 6 HOURS AGO

German retail sales tumble in January as lockdown bites

By Reuters Staff

2 MIN READ

BERLIN (Reuters) - German retail sales tumbled more than expected in January as the COVID-19 lockdown and the withdrawal of a temporary cut in sales tax hit consumer spending in Europe’s largest economy, data showed on Tuesday.

The Federal Statistics Office said retail sales fell 4.5% on the month in real terms after an upwardly revised decline of 9.1% in December. The January reading undershot a Reuters forecast for a decline of 0.3%.

“This decline can be explained by the ongoing coronavirus lockdown, which meant a closure of many retail stores since Dec. 16, 2020,” the statistics office said.

more...

https://www.reuters.com/article/us-...le-in-january-as-lockdown-bites-idUSKBN2AU0K0
 
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