Retail sales in Germany unexpectedly sank 5.3% month-over-month in December of 2022, reversing from an upwardly revised 1.9% rise in November and compared to market forecasts of a 0.2% increase. It is the biggest decrease since July of 2021. Year-on-year, retail sales dropped 6.4% and were 1.9% lower compared to December 2019, before the coronavirus pandemic. Considering full 2022, retail sales fell 0.6%, led by a 4.1% decline in the second half of the year, as a marked increase in prices of goods and services weighed on consumption and as 2021 sales hit record values. Sales in the food sector decreased at a record 4.6% while non-food sales increased 2% to hit the highest value ever. Sales of textiles, clothing, shoes and leather goods recorded the biggest increase (27%) while sales in gas stations went down 1.1%. source: Federal Statistical Office

Retail Sales MoM in Germany averaged 0.05 percent from 1994 until 2022, reaching an all time high of 11.90 percent in May of 2020 and a record low of -8.80 percent in January of 2021. 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. Germany Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Retail Sales MoM in Germany is expected to be -1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Germany Retail Sales MoM



Calendar GMT Actual Previous Consensus TEForecast
2023-01-06 07:00 AM Nov 1.1% -2.8% 1% 0.6%
2023-01-31 07:00 AM Dec -5.3% 1.9% 0.2% 0.4%
2023-03-01 07:00 AM Jan -5.3%


Related Last Previous Unit Reference
Retail Sales MoM -5.30 1.90 percent Dec 2022
Retail Sales YoY -6.40 -5.90 percent Dec 2022
Consumer Spending 429.13 424.72 EUR Billion Sep 2022
Disposable Personal Income 564.33 552.69 EUR Billion Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-5.30 1.90 11.90 -8.80 1994 - 2022 percent Monthly
SA, WDA

News Stream
Germany Retail Sales End 2022 Sharply Lower
Retail sales in Germany unexpectedly sank 5.3% month-over-month in December of 2022, reversing from an upwardly revised 1.9% rise in November and compared to market forecasts of a 0.2% increase. It is the biggest decrease since July of 2021. Year-on-year, retail sales dropped 6.4% and were 1.9% lower compared to December 2019, before the coronavirus pandemic. Considering full 2022, retail sales fell 0.6%, led by a 4.1% decline in the second half of the year, as a marked increase in prices of goods and services weighed on consumption and as 2021 sales hit record values. Sales in the food sector decreased at a record 4.6% while non-food sales increased 2% to hit the highest value ever. Sales of textiles, clothing, shoes and leather goods recorded the biggest increase (27%) while sales in gas stations went down 1.1%.
2023-01-31
Germany Retail Sales Rebound
Retail sales in Germany jumped 1.1% month-over-month in November of 2022, following a 2.8% drop in October and compared to market forecasts of a 1% rise. Non-food sales jumped 2.1% while food sales dropped 1.3%. Online and mail order sales also declined 1.3%. Year-on-year, retail sales declined 5.9% in November but 2.2% higher than before the Coronavirus crisis. Considering full 2022, first estimates showed retail sales were up a meagre 0.3%.
2023-01-06
Germany Retail Sales Plunge 2.8%
Retail sales in Germany sank 2.8% month-over-month in October of 2022, the biggest decline so far this year and much worse than market forecasts of a 0.6% fall. It follows an upwardly revised 1.2% rise in September. Declines were seen in sales at groceries (-1.2%), non-food (-4.5%), namely clothing, shoes and furnishings, online and mail orders (-1.8%). Also, sales at petrol stations were flat. Compared to a year earlier, retail sales dropped 5%. However, retail sales were 1.8% higher than in the pre-pandemic month of October 2019.
2022-12-01