Pursuits
Germans Bail Out Christmas With Biggest Splurge in Six Years
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Just as Germany’s government bails out its European partners, so the country’s consumers are leading the Christmas cheer.
Germans will spend 76.9 billion euros ($105 billion) in November and December, 2.5 percent more than last year and the strongest growth since 2004, according to the HDE retail association. Deloitte LLP also said retail spending will rise “slightly,” even as most of western Europe contracts.