German Retail Sales Fall More than Expected
2026-08-03 06:12
By
Farida Husna
1 min. read
Germany’s retail sales declined 0.7% month-on-month in June 2026, swinging from a marginally revised 1.1% increase in the previous month and missing market estimates for a 0.5% drop.
It marked the sharpest monthly contraction since July 2025, pointing to weaker consumer spending amid persistent economic uncertainty.
Food sales fell 1.3%, while non-food sales dropped 05%.
In contrast, online and mail-order sales rose 0.4%, highlighting continued resilience in e-commerce demand.
On an annual basis, retail sales were flat, shifting from an upwardly revised 2.1% increase in May.