Germany's retail sales fell by 1.6 percent month-over-month in June 2020, reversing from a downwardly revised 12.7 percent jump in May and compared to market expectations of a 3.3 percent drop. Year-on-year, retail sales rose 5.9 percent in June, easily beating forecasts of a 3 percent gain.

Retail Sales MoM in Germany averaged 0.07 percent from 1994 until 2020, reaching an all time high of 13.90 percent in May of 2020 and a record low of -6.50 percent in April 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 August of 2020. source: Federal Statistical Office

Retail Sales MoM in Germany is expected to be -0.80 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 0.90 in 12 months time. In the long-term, the Germany Retail Sales MoM is projected to trend around 0.50 percent in 2021 and 0.40 percent in 2022, according to our econometric models.

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Germany Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 12.70 12.70 -6.50 1994 - 2020 percent Monthly
SA, WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-30 06:00 AM Mar -5.6% 0.8% -7.3% -6.8%
2020-05-29 06:00 AM Apr -5.3% -4.0% -12% -11.7%
2020-07-01 06:00 AM May 13.9% -6.5% 3.9% 2.5%
2020-07-31 06:00 AM Jun -1.6% 12.7% -3.3% -3%
2020-09-02 06:00 AM Jul -1.6%
2020-09-30 06:00 AM Aug
2020-10-30 07:00 AM Sep -0.8%
2020-12-02 07:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
German Retail Sales Drop Less than Estimated
Germany's retail sales fell by 1.6 percent month-over-month in June 2020, reversing from a downwardly revised 12.7 percent jump in May and compared to market expectations of a 3.3 percent drop. Year-on-year, retail sales rose 5.9 percent in June, easily beating forecasts of a 3 percent gain.
2020-07-31
German Retail Sales Rise at Record Pace
Germany's retail sales surged by 13.9 percent month-over-month in May 2020, following an upwardly revised 6.5 percent drop in April and compared to market expectations of a 3.9 percent rise. This was the strongest growth in retail trade since the series began in February 1994, as the government continued to ease lockdown measures. Year-on-year, retail sales rose 3.8 percent in May, easily beating forecasts of a 3.5 percent fall.
2020-07-01
German Retail Sales Fall the Most in Over 13 Years
Germany's retail sales fell by 5.3 percent month-over-month in April 2020, following a downwardly revised 4.0 percent drop in March and compared to market expectations of a 12 percent fall. This was the steepest decline in retail trade since January 2007, as the coronavirus crisis led to restriction measures that forced consumers to stay at home. Year-on-year, retail sales declined 6.5 percent in April, the biggest decrease since February 2009.
2020-05-29
German Retail Sales Fall the Most Since 2007
Germany's retail sales fell by 5.6 percent month-over-month in March 2020, following a revised 0.8 percent rise in February and compared to market expectations of a 7.3 percent drop. This was the steepest fall in retail trade since January 2007, as the coronavirus crisis led to restriction measures that forced consumers to stay at home. Year-on-year, retail sales declined 2.8 percent in March, the biggest decrease since June 2013.
2020-04-30

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.