7:03 AM · 31 January 2024

BREAKING: Germany retail sales worse than expected 📌

07:00 AM GMT, Germany - Retail Sales Data for December:

German Import Price Index: actual -1.1% MoM; forecast -0.5% MoM; previous -0.1% MoM;
German Import Price Index: actual -8.5% YoY; forecast -8.2% YoY; previous -9.0% YoY;
German Retail Sales: actual -1.7% YoY; previous -2.4% YoY;
German Retail Sales: actual -1.6% MoM; forecast 0.7% MoM; previous -2.5% MoM;

The lower data for retail sales confirms the weakness of the economy and the consumer in Germany. However, the data came slightly better than the month before for November.

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