Coronavirus Gives German Bicycle Retailers a Boost

The COVID-19 pandemic is giving German bicycle retailers a boost as consumers avoid public transport because of the risk of infection, the Ifo economic institute said on Thursday. The index for business sentiment among bicycle retailers rose to 95 on a scale of 100, meaning nearly all firms in the sector were satisfied with their current situation, Ifo said. "Bicycle dealers are experiencing a real boom," Ifo economist Klaus Wohlrabe said. Other retailers doing relatively well during the pandemic include construction and DIY superstores, as well as food and delicatessen shops, the sur

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