Germany's retail sales fell by 3.3 percent month-over-month in December 2019, compared with market consensus of a 0.5 percent fall and after a downwardly revised 1.6 percent gain. This marked the steepest monthly decline in retail trade since a 4.9 percent fall in May 2007. Year-on-year, retail sales rose by 0.8 percent in December, the least in six months, following a downwardly revised rise of 2.7 percent in November. Considering full 2019, retail trade grew 2.7 percent when compared with the previous year.

Retail Sales MoM in Germany averaged 0.05 percent from 1994 until 2019, reaching an all time high of 4.60 percent in December of 2006 and a record low of -6.10 percent in January of 2007. This page provides the latest reported value for - Germany Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Federal Statistical Office

Retail Sales MoM in Germany is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Germany to stand at 0.20 in 12 months time. In the long-term, the Germany Retail Sales MoM is projected to trend around 0.40 percent in 2021, according to our econometric models.


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Germany Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-3.30 1.60 4.60 -6.10 1994 - 2019 percent Monthly
SA, WDA


Calendar GMT Actual Previous Consensus TEForecast
2019-10-31 07:00 AM Sep 0.1% -0.1% 0.2% 0.2%
2019-11-29 07:00 AM Oct -1.9% 0.0%
2020-01-06 07:00 AM Nov 2.1% -1.3% 1.1% 1.5%
2020-01-31 07:00 AM Dec -3.3% 1.6% -0.5% -0.7%
2020-03-04 07:00 AM Jan -3.3%
2020-04-01 06:00 AM Feb
2020-04-30 06:00 AM Mar 0.5%
2020-05-29 06:00 AM Apr


News Stream
German Retail Sales Slump in December
Germany's retail sales fell by 3.3 percent month-over-month in December 2019, compared with market consensus of a 0.5 percent fall and after a downwardly revised 1.6 percent gain. This marked the steepest monthly decline in retail trade since a 4.9 percent fall in May 2007. Year-on-year, retail sales rose by 0.8 percent in December, the least in six months, following a downwardly revised rise of 2.7 percent in November. Considering full 2019, retail trade grew 2.7 percent when compared with the previous year.
2020-01-31
German Retail Sales Rise More than Expected
Germany's retail sales rose by 2.1 percent month-over-month in November 2019, easily beating market consensus of a 1.1 percent rebound and reversing a downwardly revised 1.3 percent fall in the previous month. This was the highest monthly increase in retail trade since a 3.2 percent jump in January. Year-on-year, trade went up 2.8 percent in November, also beating expectations of a 0.9 percent growth, boosted by sales of food, beverages & tobacco (3.0 percent), internet & mail order (2.5 percent), pharmaceutical & cosmetic products (2.5 percent), furnishings, household appliances & building supplies (2.1 percent), and textiles, clothing, shoes & leather goods (1.9 percent).
2020-01-06
German Retail Sales Fall the Most in 10 Months
Germany's retail sales declined by 1.9 percent month-over-month in October of 2019, after a revised of flat reading in the previous month. This was the biggest monthly drop in retail trade since a 3.2 percent fall in December last year. Year-on-year, retail sales rose 0.8 percent in October, following a 3.4 percent increase in September.
2019-11-29
German Retail Sales Rise Less than Expected
Germany's retail sales increased by 0.1 percent month-over-month in September 2019, reversing a downwardly revised 0.1 percent fall in the previous month but below market expectations of a 0.2 percent growth. This was the first monthly rise in retail trade since June. Year-on-year, retail sales rose 3.4 percent in September, slightly below market consensus of 3.5 percent.
2019-10-31

Germany Retail Sales MoM
In Germany, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Germany, Retail sales are seasonal, volatile and relatively important to the overall economy.