German retail trade turnover recovered in line with expectations during August, provisional data from the Federal Statistical Office showed.
Real retail trade increased by 0.5% month over month in August after calendar and seasonal adjustments, matching the consensus estimate of economists polled by Econoday. In July, retail trade turnover fell by a revised 0.8% on a monthly basis.
Year over year, real retail sales grew by 3.2% in August, provisional data showed.
For the first eight months of 2019, German retail sales grew 3.0% in real terms and 3.7% in nominal terms year over year.
