Germany Retail Sales YoY  Forecast


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Retail Sales YoY in Germany is expected to be 2.60 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 2.40 in 12 months time. In the long-term, the Germany Retail Sales YoY is projected to trend around 1.80 percent in 2020, according to our econometric models.


Germany Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence 10.7 10.7 10.8 10.6 10.5 9
Retail Sales MoM 0.5 0.7 -0.6 -0.2 -0.7 0.2
Retail Sales YoY 4.1 2.6 2.4 2.2 2.4 1.8
Consumer Spending 399 401 403 405 407 423
Disposable Personal Income 478 481 483 485 487 508
Personal Savings 9.7 9.8 9.6 9.5 9.4 8
Consumer Credit 236732 252000 256000 260000 264000 298000
Private Sector Credit 2822521 2800000 2820000 2830000 2840000 3120000
Bank Lending Rate 2.5 2.7 2.7 2.8 2.8 3.4
Households Debt To Gdp 53.1 52.3 51.2 51.2 51.2 49.5
Households Debt To Income 82.68 75.9 73.8 73.8 73.8 69.6
Gasoline Prices 1.57 1.56 1.56 1.58 1.6 1.55
Consumer Confidence Economic Expectations 41.3 28.6 20.46 14.81 11.31 7
Consumer Confidence Financial Expectations 60.2 53.06 49.97 47.15 44.58 29.62
Consumer Confidence Major Purchases Expectations 57.9 51.01 48.15 45.49 43.01 27.13