trending Market Intelligence /marketintelligence/en/news-insights/trending/uf9sArx9v7hDWFkbotayJg2 content esgSubNav
In This List

German retail sales fall more than expected in July

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


German retail sales fall more than expected in July

German retail sales fell more than expected in July on a monthly basis, provisional data from the Federal Statistical Office showed.

Real retail trade dropped by 2.2% month over month in July after calendar and seasonal adjustments, having climbed to a revised 3% in June, data showed.

The consensus estimate of economists polled by Econoday was for a 1.1% monthly drop in July.

Year over year, real retail sales grew by 4.4% in July.

For the first seven months of 2019, German retail sales grew 2.8% in real terms and 3.5% in nominal terms year over year.