German retail sales unexpectedly fall
Germany’s retail sales shrank 0.6% month-on-month in November 2025, missing market expectations for a 0.2% increase and reversing an upwardly revised 0.3% gain in the previous month.
It was the first monthly decline since August, driven largely by a 1.9% drop in food sales. In contrast, non-food sales edged up 0.3%, while online and mail-order businesses rose 0.9%.
On an annual basis, retail trade increased 1.1%, easing from an upwardly revised 1.6% growth in October. For 2025, retail sales rose 2.4%, according to preliminary estimates.
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
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