Retail sales in Germany increased 0.6% mom in May of 2022, rebounding from a 5.4% drop in April, and slightly better than forecasts of a 0.5% rise. Sales of nonfood jumped 2.9%, led by textiles, clothing, shoes and leather goods (10.6% ). On the other hand, decreases were seen for food (-0.6%), probably weighed down by a significant rise in food prices, with sales at butcher (-9.7%) and fish shops (-13.1%) recording significant drops. Also, sales at petrol stations declined 4%. Compared to May 2021, retail sales were 3.6% lower. source: Federal Statistical Office
Retail Sales MoM in Germany averaged 0.06 percent from 1994 until 2022, reaching an all time high of 12.60 percent in May of 2020 and a record low of -8.20 percent in January of 2021. This page provides the latest reported value for - Germany Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Retail Sales MoM in Germany is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Retail Sales MoM is projected to trend around 0.50 percent in 2023 and 0.30 percent in 2024, according to our econometric models.