Retail sales in Germany fell 8.7 percent year-on-year in January of 2021, much worse than forecasts of a 1.3 percent rise, as the country remained under a second coronavirus lockdown. 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. source: Federal Statistical Office

Retail Sales YoY in Germany averaged 0.69 percent from 1995 until 2021, reaching an all time high of 9.70 percent in May of 2000 and a record low of -8.70 percent in January of 2021. This page provides the latest reported value for - Germany Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Retail Sales YoY in Germany is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Germany to stand at 4.80 in 12 months time. In the long-term, the Germany Retail Sales YoY is projected to trend around 4.80 percent in 2022 and 1.80 percent in 2023, according to our econometric models.

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Germany Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-8.70 2.80 9.70 -8.70 1995 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-02 07:00 AM Oct 8.2% 7% 5.9% 6%
2021-01-05 07:00 AM Nov 5.6% 8.6% 3.9% 4.5%
2021-02-01 07:00 AM Dec 1.5% 5% 5% 4.7%
2021-03-02 07:00 AM Jan -8.7% 2.8% 1.3% 0.9%
2021-04-01 06:00 AM Feb -8.7% -4.2%
2021-05-03 06:00 AM Mar
2021-06-01 06:00 AM Apr
2021-07-02 06:00 AM May

Germany Consumer Last Previous Highest Lowest Unit
Consumer Confidence -12.90 -15.50 16.80 -23.10 points [+]
Retail Sales MoM -4.50 -9.10 13.00 -9.10 percent [+]
Retail Sales YoY -8.70 2.80 9.70 -8.70 percent [+]
Consumer Spending 401.38 414.69 430.92 311.49 EUR Billion [+]
Disposable Personal Income 517.26 515.48 517.26 22.96 EUR Billion [+]
Personal Savings 17.70 15.30 20.30 7.80 percent [+]
Consumer Credit 235153.00 237038.00 423705.00 21369.00 EUR Million [+]
Private Sector Credit 3234575.00 3230970.00 3234575.00 6461.00 EUR Million [+]
Bank Lending Rate 2.01 1.96 6.55 1.78 percent [+]
Households Debt To GDP 56.40 54.60 71.20 34.80 percent of GDP [+]
Households Debt To Income 84.70 83.73 106.63 83.41 percent [+]
Gasoline Prices 1.80 1.71 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 YoY
In Germany, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.