Germany's retail sales fell by 5.3 percent month-over-month in April 2020, following a downwardly revised 4.0 percent drop in March and compared to market expectations of a 12 percent fall. This was the steepest decline in retail trade since January 2007, as the coronavirus crisis led to restriction measures that forced consumers to stay at home. Year-on-year, retail sales declined 6.5 percent in April, the biggest decrease since February 2009.

Retail Sales MoM in Germany averaged 0.03 percent from 1994 until 2020, reaching an all time high of 4.60 percent in December of 2006 and a record low of -6.10 percent in January of 2007. 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 June of 2020. source: Federal Statistical Office

Retail Sales MoM in Germany is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Germany to stand at 1.10 in 12 months time. In the long-term, the Germany Retail Sales MoM is projected to trend around 0.50 percent in 2021 and 0.40 percent in 2022, according to our econometric models.

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Germany Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-5.30 -4.00 4.60 -6.10 1994 - 2020 percent Monthly
SA, WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-04 07:00 AM Jan 0.9% -2.0% 1% 1.2%
2020-04-01 06:00 AM Feb 1.2% 1% 0.1% 0.1%
2020-04-30 06:00 AM Mar -5.6% 0.8% -7.3% -6.8%
2020-05-29 06:00 AM Apr -5.3% -4.0% -12% -11.7%
2020-07-01 06:00 AM May -5.3%
2020-07-31 06:00 AM Jun -1.2%
2020-09-02 06:00 AM Jul
2020-09-30 06:00 AM Aug


News Stream
German Retail Sales Fall the Most in Over 13 Years
Germany's retail sales fell by 5.3 percent month-over-month in April 2020, following a downwardly revised 4.0 percent drop in March and compared to market expectations of a 12 percent fall. This was the steepest decline in retail trade since January 2007, as the coronavirus crisis led to restriction measures that forced consumers to stay at home. Year-on-year, retail sales declined 6.5 percent in April, the biggest decrease since February 2009.
2020-05-29
German Retail Sales Fall the Most Since 2007
Germany's retail sales fell by 5.6 percent month-over-month in March 2020, following a revised 0.8 percent rise in February and compared to market expectations of a 7.3 percent drop. This was the steepest fall in retail trade since January 2007, as the coronavirus crisis led to restriction measures that forced consumers to stay at home. Year-on-year, retail sales declined 2.8 percent in March, the biggest decrease since June 2013.
2020-04-30
German Retail Sales Beat Estimates
Germany's retail sales rose by 1.2 percent month-over-month in February 2020, easily beating market expectations of a 0.1 percent gain and after an upwardly revised 1 percent increase in the previous month. This was the steepest rise in retail trade since November last year, as households stocked up essentials goods ahead of anticipated lock-down and quarantine measures due to the coronavirus outbreak. Year-on-year, retail sales jumped 6.4 percent in February, the most since October 2018, following an upwardly revised 2.1 percent advance in January and far above consensus of a 1.5 percent increase.
2020-04-01
German Retail Sales Rebound Less than Expected
Germany's retail sales rose by 0.9 percent month-over-month in January 2020, compared with market forecasts of a 1 percent gain and after a downwardly revised 2 percent fall in the previous month. Year-on-year, retail sales went up 1.8 percent in January, following an upwardly revised 1.7 percent advance in December and beating consensus of a 1.5 percent increase.
2020-03-04

Germany Retail Sales MoM
In Germany, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Germany, Retail sales are seasonal, volatile and relatively important to the overall economy.