Germany September retail sales +1.2% vs -0.5% m/m expected

  • Latest data released by Destatis - 31 October 2024
  • Prior +1.6%

A rise in non-food store retail sales (+1.7%) is helping to bolster the overall reading, offsetting the drop from food store sales (-0.8%). After months of absent data, it's a bit surprising to suddenly see a shift in trend when the series has returned after a methodology fix as well. Interesting.

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