Germany's monthly retail trade rebounded more than expected during November 2019, provisional data from the Federal Statistical Office showed.

Real and nominal retail trade rose 2.1% month over month in November 2019 after calendar and seasonal adjustments, surpassing the consensus estimate of economists polled by Econoday for a 1.0% increase.

Year over year, retail sales grew 2.8% during November 2019 in real terms and by 3.1% in nominal terms on a provisional basis.

Based on data from the first 11 months of 2019, Germany's real retail turnover for the year is projected to grow between 2.8% and 3.0%, while nominal growth is expected to be between 3.3% and 3.5%.