German Retail Sales Rise Less than Expected

Germany’s retail sales rose 1.3% month-on-month in August 2026, reversing a downwardly revised 3.2% decline in the previous month, although the increase fell short of market expectations for a 1.5% gain. It marked the fastest growth since June 2025, supported by a 0.9% rise in food sales and a 1.6% increase in non-food sales. Online and mail-order sales also climbed 3.7%, pointing to firmer e-commerce demand. On an annual basis, however, retail sales fell 0.4%, narrowing from a 2.5% decline in July but missing forecasts for a 0.1% gain.

Germany’s retail sales fell 3.4% month-on-month in July 2026, following an upwardly revised flat reading in the previous month and missing market expectations for a 0.4% increase. It marked the steepest decline since July 2021, with food sales dropping 0.8% and non-food sales falling 4.8%. Online and mail-order sales also contracted 5.6%, pointing to weaker e-commerce demand. On an annual basis, retail sales declined 2.5%, reversing an upwardly revised 0.6% increase in June and pointing to the fastest drop since September 2023.

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.