Record high precipitation in Denmark hit consumer spending last month, statistics show Retail sales in Denmark during July plunged the most since the Covid-19 pandemic, with economists blaming record rainfall for weak consumer spending, Statistics Denmark reported on Monday. Seasonally adjusted retail turnover fell by 4.4% compared to the previous month in the biggest decline since the spring of 2021, when lockdowns hit consumption. Rainfall broke a 92-year record in July, according to the Danish Meteorological Institute. “This meant that many Danes went abroad for a holiday but it can also have prompted ot
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