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FILE PHOTO: A sign with distancing rules is seen in the sport store PUMA, as the spread of the coronavirus disease (COVID-19) continues, in Berlin, Germany, April 25, 2020. REUTERS/Annegret Hilse/File Photo. BERLIN (Reuters) - German retail sales fell at their fastest pace since 2007 in April, data showed on Friday, but the drop was not as steep as expected in a sign of the relative resilience of Europe’s largest economy during the coronavirus crisis. Retail sales dropped by 5.3% on the month in real terms after an upwardly revised drop of 4.0% in the previous month, data from the Federal Statistics Office showed. The reading was much better than a Reuters forecast of analysts for a 12% fall. Full story

29 May