Germany's retail sales dropped by 2.2 percent from a month earlier in July 2019, compared to market consensus of a 1 percent fall and following a downwardly revised 3 percent growth in June. This was the steepest monthly decrease in retail trade since December, raising concerns about Europe's largest economy. Year-on-year, retail sales jumped 4.4 percent in July, reversing a 1.4 percent decline in the previous month. 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.

Retail Sales MoM in Germany is expected to be 0.20 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 -0.40 in 12 months time. In the long-term, the Germany Retail Sales MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.

Germany Retail Sales MoM
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-31 06:00 AM Retail Sales MoM Apr -2.0% 0% 0.1% 0.1%
2019-07-02 06:00 AM Retail Sales MoM May -0.6% -1% 0.5% 1.5%
2019-07-31 06:00 AM Retail Sales MoM Jun 3.5% -1.7% 0.5% 0.2%
2019-08-30 06:00 AM Retail Sales MoM Jul -2.2% 3.0% -1% -1.4%
2019-09-30 06:00 AM Retail Sales MoM Aug -2.2% 1.1%
2019-10-31 07:00 AM Retail Sales MoM Sep 0.2%
2019-12-01 07:00 AM Retail Sales MoM Oct


Germany Consumer Last Previous Highest Lowest Unit
Consumer Confidence 9.70 9.70 16.80 -3.50 Index Points [+]
Retail Sales MoM -2.20 3.00 4.60 -6.10 percent [+]
Retail Sales YoY 4.40 -1.60 9.70 -7.90 percent [+]
Consumer Spending 426.09 425.69 426.09 311.47 EUR Billion [+]
Disposable Personal Income 501.99 496.30 501.99 22.96 EUR Billion [+]
Personal Savings 10.80 10.90 17.30 7.80 percent [+]
Consumer Credit 235851.00 234440.00 423705.00 21369.00 EUR Million [+]
Private Sector Credit 3051501.00 3045201.00 3051501.00 6461.00 EUR Million [+]
Bank Lending Rate 2.02 2.08 6.55 2.01 percent [+]
Households Debt To GDP 52.90 52.70 70.90 35.00 percent of GDP [+]
Households Debt To Income 82.51 82.68 106.63 82.51 percent [+]
Gasoline Prices 1.59 1.64 2.14 0.91 USD/Liter [+]
Consumer Confidence Economic Expectations 41.30 34.80 69.50 -33.20 [+]
Consumer Confidence Financial Expectations 60.20 58.50 60.20 -26.70 [+]
Consumer Confidence Major Purchases Expectations 58.50 59.20 64.40 -55.40 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2.20 3.00 4.60 -6.10 1994 - 2019 percent Monthly




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