German Retail Sales decline unexpectedly by 0.6% MoM vs. estimates of 0.2% growth
German Retail Sales, a key measure of consumer spending, declines again in February. The consumer spending measure contracts 0.6% Month-on-month (MoM), according to official data released by Destatis, while it was expected to have grown 0.2%. In January, the data was declined by 1.1%, revised lower from -0.9%.
On an annualized basis, Retail Sales grew at a moderate pace of 0.7%, against 1% estimates and the prior release of 1.2%.
Economic Indicator
Retail Sales (MoM)
The Retail Sales released by the Statistisches Bundesamt Deutschland is a measure of changes in sales of the German retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales.The changes are widely followed as an indicator of consumer spending. The positive economic growth usually anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.
Last release: Tue Mar 31, 2026 06:00
Frequency: Monthly
Actual: -0.6%
Consensus: 0.2%
Previous: -0.9%
Source:
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