Germany's retail trade growth accelerated to 7.7 percent month-on-month in March 2021, from a revised 2.7 percent in February and easily beating market expectations of 3.0 percent. It was the largest increase in domestic trade since a record 12.9 percent registered in May 2020, following the relaxation of some lockdown measures. Year-on-year, retail sales climbed 11.0 percent in March, the most on record, boosted by sales of non-food products (17.5 percent) such as textiles, clothing, shoes & leather goods; goods sold in department stores; furnishings, household appliances & building supplies; and on-line trade. Sales of food, beverages, tobacco products were also up by 2.9 percent. source: Federal Statistical Office

Retail Sales MoM in Germany averaged 0.07 percent from 1994 until 2021, reaching an all time high of 12.90 percent in May of 2020 and a record low of -8 percent in December of 2020. 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 May of 2021.

Retail Sales MoM in Germany is expected to be 0.90 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 1.00 in 12 months time. In the long-term, the Germany Retail Sales MoM is projected to trend around 0.60 percent in 2022 and 0.40 percent in 2023, according to our econometric models.

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Germany Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
7.70 2.70 12.90 -8.00 1994 - 2021 percent Monthly
SA, WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-01 07:00 AM Dec -9.6% 1.1% -2.6% -1.2%
2021-03-02 07:00 AM Jan -4.5% -9.1% -0.3% -1.6%
2021-04-01 06:00 AM Feb 1.2% -6.5% 2% 2.4%
2021-05-03 06:00 AM Mar 7.7% 2.7% 3% 2.9%
2021-06-01 06:00 AM Apr 7.7%
2021-07-02 06:00 AM May
2021-08-02 06:00 AM Jun
2021-09-01 06:00 AM Jul
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
German Retail Sales Rise Most in 10 Months
Germany's retail trade growth accelerated to 7.7 percent month-on-month in March 2021, from a revised 2.7 percent in February and easily beating market expectations of 3.0 percent. It was the largest increase in domestic trade since a record 12.9 percent registered in May 2020, following the relaxation of some lockdown measures. Year-on-year, retail sales climbed 11.0 percent in March, the most on record, boosted by sales of non-food products (17.5 percent) such as textiles, clothing, shoes & leather goods; goods sold in department stores; furnishings, household appliances & building supplies; and on-line trade. Sales of food, beverages, tobacco products were also up by 2.9 percent.
2021-05-03
Germany Retail Sales Disappoint
Retail sales in Germany increased 1.2 percent month-over-month in February of 2021, rebounding after 2 consecutive months of declines but below market forecasts of a 2 percent gain, as the country remained under the coronavirus lockdown with retail partially closed. Compared to February 2020, the month before the coronavirus pandemic in Germany, sales were 9 percent lower, 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.
2021-04-01
Germany Retail Sales Plunge in January
Retail sales in Germany dropped 4.5 percent month-over-month in January of 2021, following a downwardly revised 9.1 percent plunge in the previous month and compared to market forecasts of a 0.3 percent drop as the country remained under a second coronavirus lockdown, which led to a partial retail closure starting on December 16th. In comparison to February 2020, the month before the outbreak of Covid-19 in Germany, retail sales were 5.8 percent lower. Year-on-year, retail sales fell 8.7 percent, much worse than forecasts of a 1.3 percent rise. Sales of non-food sank 16.4 percent, namely textiles, clothing, shoes and leather goods (-76.6 percent) and furnishings, household appliances and building supplies (-43.2 percent). On the other hand, sales increased 4.3 percent for food, beverages and tobacco and the internet and mail order business surged 31.7 percent.
2021-03-02
Germany Retail Sales Shrink More than Expected
Retail sales in Germany sank 9.6 percent month-over-month in December of 2020, much worse than market forecasts of a 2.6 percent drop. It is the first decline in 3 months due to the second COVID-19 lockdown, which led to a partial retail closure starting on December 16th. Year-on-year, retail sales rose 1.5 percent. Considering full 2020, retail sales went up 3.9 percent.
2021-02-01

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.