Retail Sales in Germany increased 5.60 percent year-on-year in November of 2020, following an upwardly revised 8.6 percent rise in October and beating market forecasts of 3.9 percent. Sales went up for food, beverages and tobacco (0.8 percent) and non-food (8.5 percent), namely trade by the internet and mail order business (31.8 percent); furniture, household appliances and building materials (15.4 percent). For 2020, retail sales are expected to be between 3.9 percent and 4.3 percent higher than in 2019. source: Federal Statistical Office
Retail Sales YoY in Germany averaged 0.71 percent from 1995 until 2020, reaching an all time high of 9.70 percent in May of 2000 and a record low of -7.90 percent in February of 2009. 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 January of 2021.
Retail Sales YoY in Germany is expected to be 1.50 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 4.80 in 12 months time. In the long-term, the Germany Retail Sales YoY is projected to trend around 4.80 percent in 2022 and 1.80 percent in 2023, according to our econometric models.