Germany May retail sales -1.6% vs +0.5% m/m expected

  • Latest data released by Destatis - 30 June 2025
  • Prior -1.1%

Ouch. That's yet another disappointing reading as German retail sales slumped heavily once again, falling for a third consecutive month now. While the data won't change ECB expectations, it once again continues to highlight the impact of higher prices on household spending in Europe's largest economy.

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