Is this a German Leading Indicator? Sales of beer down 6.8% in the first quarter of 2009
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Sales of beer down 6.8% in the first quarter of 2009
WIESBADEN – As reported by the Federal Statistical Office (Destatis), the beer producing and storing establishments in Germany sold 20.7 million hectolitres of beer in the first quarter of 2009. That was a decrease of 1.5 million hectolitres (–6.8%) from the corresponding period of the previous year.
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