Germany's retail trade was 0.3 percent lower month-over-month in October 2021, following a revised 1.9 percent drop in September and missing market expectations of a 1.0 percent rise, amid reports of supply bottlenecks in the sector. Sales of food, beverages and tobacco products declined by 0.7 percent, while non-food trade increased by 0.6 percent on the back of textiles, clothing, shoes and leather goods (5.4 percent), home furnishings, household appliances and building supplies (1.1 percent) and other goods (6.4 percent). On-line trade grew by 4.9 percent. On a yearly basis, retail trade slumped 2.9 percent in October, more than an expected 2.0 percent fall. Compared to the pre-crisis month of February 2020, retail sales in October were 3.5 percent higher. source: Federal Statistical Office

Retail Sales MoM in Germany averaged 0.07 percent from 1994 until 2021, reaching an all time high of 12.30 percent in May of 2020 and a record low of -7.90 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 December of 2021.

Retail Sales MoM in Germany is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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


Calendar GMT Actual Previous Consensus TEForecast
2021-11-01 07:00 AM Sep -2.5% 1.2% 0.6% 0.5%
2021-12-01 07:00 AM Oct -0.3% -1.9% 1% 0.7%
2022-01-04 07:00 AM Nov -0.3% 0.5%


Related Last Previous Unit Reference
Retail Sales MoM -0.30 -1.90 percent Oct/21
Retail Sales YoY -2.90 -0.90 percent Oct/21
Consumer Spending 421.69 395.40 EUR Billion Sep/21
Disposable Personal Income 524.41 513.83 EUR Billion Sep/21

News Stream
German Retail Sales Fall for 2nd Month
Germany's retail trade was 0.3 percent lower month-over-month in October 2021, following a revised 1.9 percent drop in September and missing market expectations of a 1.0 percent rise, amid reports of supply bottlenecks in the sector. Sales of food, beverages and tobacco products declined by 0.7 percent, while non-food trade increased by 0.6 percent on the back of textiles, clothing, shoes and leather goods (5.4 percent), home furnishings, household appliances and building supplies (1.1 percent) and other goods (6.4 percent). On-line trade grew by 4.9 percent. On a yearly basis, retail trade slumped 2.9 percent in October, more than an expected 2.0 percent fall. Compared to the pre-crisis month of February 2020, retail sales in October were 3.5 percent higher.
2021-12-01
German Retail Sales Unexpectedly Fall
Germany's retail trade slumped 2.5 percent from a month earlier in September 2021, following a revised 1.2 percent growth in August and missing market expectations of a 0.6 percent rise. Non-food sales tumbled 5.1 percent, led by textiles, clothing, shoes and leather goods, while on-line trade decreased by 2.0 percent. Meanwhile, sales of food, beverages and tobacco products advanced by 0.9 percent. Compared to the pre-crisis month of February 2020, retail sales in September were 3.7% higher.
2021-11-01
German Retail Sales Rise Less than Forecast
Germany's retail sales rose 1.1 percent from a month earlier in August 2021, partially recovering from a revised 4.5 percent slump in July but missing market expectations of a 1.5 percent rebound. Sales of non-food products increased by 4.9 percent, boosted by textiles, clothing, shoes and leather goods, trade at department stores, and furnishings, household appliances and building supplies. In addition, on-line trade jumped by 9.0 percent. Meanwhile, sales of food, beverages and tobacco products were down 3.4 percent. In comparison compared to the pre-crisis month of February 2020, retail sales in August were 6.0 percent higher.
2021-10-01

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.