Retail Sales in Germany increased 4.40 percent in April of 2021 year-on-year in April of 2021, much less than market forecasts of a 10.1 percent rise. Increases were seen for non-food products (10.6 percent), namely textiles, clothing, shoes and leather goods (33.1 percent) and furnishings, household appliances and building (7.2 percent). Retail stores with the exception of food retail were closed until the end of April 2020 due to the first coronavirus lockdown. Compared to February 2020, the month before the coronavirus crisis, retail sales were up by 0.8 percent. source: Federal Statistical Office
Retail Sales YoY in Germany averaged 0.72 percent from 1995 until 2021, reaching an all time high of 11.60 percent in March of 2021 and a record low of -8.30 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 June of 2021.
Retail Sales YoY in Germany is expected to be 4.40 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 3.60 in 12 months time. In the long-term, the Germany Retail Sales YoY is projected to trend around 3.00 percent in 2022 and 1.80 percent in 2023, according to our econometric models.