4 Jan 2022
German Retail Sales drop by 2.9% YoY in November
- German Retail Sales arrived at -2.9% YoY in November vs. -3.3% previous.
- Retail Sales in Germany stood at 0.6% MoM in November vs. -0.5% expected.
Germany's Retail Sales rose by 0.6% MoM in November versus -0.5% expected and -0.5% last, the official figures released by Destatis showed on Tuesday.
On an annualized basis, the bloc’s Retail Sales came in at -2.9% in November versus -3.3% booked in October.