German retail sales rose unexpectedly by 0.9 percent month-over-month in February 2019, beating market expectations of a 0.9 percent fall and following a downwardly revised 2.8 percent growth in the previous month. This was the second straight month of increase in retail trade. Year-on-year, retail sales advanced 4.7 percent in February, faster than an upwardly revised 3.1 percent gain in January and also above forecasts of 2.8 percent. 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 0.40 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 0.60 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.