Retail Sales in Germany decreased 9 percent year-on-year in February of 2021, the second consecutive decline and more than forecasts of a 6.3 percent fall. Sales of food, beverages and tobacco went down 1.6 percent and sales of nonfood items dropped 13.8 percent, with textiles, clothing, shoes and leather (-73.7 percent); goods of many kinds, department stores for instance (-42.1 percent); and furnishings, household appliances and building supplies (-34.1 percent) recording the largest annual falls. source: Federal Statistical Office
Retail Sales YoY in Germany averaged 0.66 percent from 1995 until 2021, reaching an all time high of 9.70 percent in May of 2000 and a record low of -9 percent in February of 2021. This page provides the latest reported value for - Germany Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Retail Sales YoY in Germany is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Germany to stand at 3.60 in 12 months time. In the long-term, the Germany Retail Sales YoY is projected to trend around 3.00 percent in 2022 and 1.80 percent in 2023, according to our econometric models.