Retail sales in Germany sank 5.1% mom in July of 2021, compared with market forecasts of a 0.9% decline. It follows a big jump in June (4.5%) due to the continuing decline of the coronavirus incidence in all of Germany and, consequently, the easing of restrictions. In July, decreases were seen in sales of food, beverages and tobacco (-2.4%), sales at supermarkets, hypermarkets and hypermarkets (-1.3%), and sales of non-food (-7.1%), namely textiles, clothing, shoes and leather goods (-10.5%) and home furnishings, appliances and building supplies (-2.8%). Compared to February 2020, the month before the coronavirus crisis, sales increased 3.8%. source: Federal Statistical Office

Retail Sales MoM in Germany averaged 0.07 percent from 1994 until 2021, reaching an all time high of 12.60 percent in May of 2020 and a record low of -8.10 percent in December of 2020. 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 September of 2021.

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. In the long-term, the Germany Retail Sales MoM is projected to trend around 0.60 percent in 2022 and 0.40 percent in 2023, according to our econometric models.

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Germany Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-5.10 4.50 12.60 -8.10 1994 - 2021 percent Monthly
SA, WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-02 06:00 AM Apr -5.5% 7.7% -2% -1.6%
2021-07-01 06:00 AM May 4.2% -6.8% 5% 5.1%
2021-08-02 06:00 AM Jun 4.2% 4.6% 2% 1.5%
2021-09-01 06:00 AM Jul -5.1% 4.5% -0.9% -1.2%
2021-10-01 06:00 AM Aug -5.1% 1.5% 4.2%
2021-11-01 07:00 AM Sep
2021-12-01 07:00 AM Oct


News Stream
Germany Retail Sales Unexpectedly Sink 5.1%
Retail sales in Germany sank 5.1% mom in July of 2021, compared with market forecasts of a 0.9% decline. It follows a big jump in June (4.5%) due to the continuing decline of the coronavirus incidence in all of Germany and, consequently, the easing of restrictions. In July, decreases were seen in sales of food, beverages and tobacco (-2.4%), sales at supermarkets, hypermarkets and hypermarkets (-1.3%), and sales of non-food (-7.1%), namely textiles, clothing, shoes and leather goods (-10.5%) and home furnishings, appliances and building supplies (-2.8%). Compared to February 2020, the month before the coronavirus crisis, sales increased 3.8%.
2021-09-01
Germany Retail Sales Easily Top Forecasts
Retail sales in Germany jumped 4.2% mom in June of 2021, following an upwardly revised 4.6% surge in May and much better than market forecasts of 2%, due to the continuing decline of the coronavirus incidence in all of Germany and, consequently, the easing of restrictions. Main increases were seen in sales of non-food, namely textiles, clothing and footwear (70.5%) while sales of food, beverages and tobacco went down (-3.9%). Compared to February 2020, the month before the coronavirus crisis, sales increased 9.1%.
2021-08-02
Germany Retail Sales Rebound
Retail sales in Germany jumped 4.2% mom in May of 2021, rebounding from an upwardly revised 6.8% drop in April, due to the easing of coronavirus restrictions during the month. Figures compare with market forecasts of a 5% rise. Increases were seen in sales of both food, beverages and tobacco (3.4%) and non-food (6.7%), namely textiles and clothing (72.1%), department stores (15.3%), furnishings, household appliances and building supplies (9.6%). Compared to February 2020, the month before the coronavirus crisis, retail sales were 3.9% higher.
2021-07-01
Germany Retail Sales Sink Much More than Expected
Retail sales in Germany contracted 5.5 percent month-over-month in April of 2021, reversing from a 7.7 percent jump in March and much worse than forecasts of a 2 percent drop. It is the first decline in three months, mainly due to new coronavirus lockdown restrictions introduced in the second half of April including curfews and shop closures and the Easter business in March 2021. Year-on-year, retail sales were up 4.4 percent, much less than market forecasts of a 10.1 percent rise. Increases were seen for non-food products (10.6 percent), namely textiles, clothing, shoes and leather goods (33.1 percent) and furnishings, household appliances and building (7.2 percent). Retail stores with the exception of food retail were closed until the end of April 2020 due to the first coronavirus lockdown. Compared to February 2020, the month before the coronavirus crisis, retail sales were up by 0.8 percent.
2021-06-02

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.