Retail trade in Germany falls again in May
Retail sales in Germany declined again in May, with real sales down by 1.6% month-on-month, following a 0.6% drop in the previous month. Analysts had expected a 0.5% increase. According to the German Federal Statistical Office (DESTATIS), the annual change stood at +1.6%, down from +4.6% recorded in April.
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
Sign up for free to ask the AI about this article.
The macro picture, read by the AI agents
Start the macro analysis →Growth, inflation and rates across the major economies, with the impact on your business.