Germany October retail sales -0.3% vs +0.2% m/m expected

  • Latest data released by Destatis - 28 November 2025
GERMANY RETAIL
  • Prior +0.2%; revised to +0.3%

That's another highly disappointing reading for German retail sales. Food sales were notably up on the month at least (+1.2%) but it's not enough to offset the drop in non-food store sales (-0.7%) and online/mail-order sales (-0.6%). Just take note though that Destatis mentions that:

"For the reporting month of October 2025, the existing reporting group of legally required entities in the retail sector (previous sample) was replaced by a new sample. This new sample became effective retroactively from the reporting month of January 2024. To ensure comparability of the results despite the different samples, the metrics are chained forward; that is, existing series of metrics are extended using the metrics from the revised sample. For these reasons, revisions may occur in the results from January 2024 onwards."

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