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German Retail Sales May Rise More Than 1% in 2011, Welt Reports

Nov. 17 (Bloomberg) -- Germany’s retail sales may increase more than 1 percent next year as the jobless rate falls and wages rise, Welt reported, citing Josef Sanktjohanser, president of the HDE retailer association.

To contact the reporter on this story: Holger Elfes in Dusseldorf at helfes@bloomberg.net

To contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.net

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