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- German adjusted retail sales decrease 0.2% in December
German adjusted retail sales decrease 0.2% in December
Destatis released its retail sales for Germany on Friday. German adjusted retail sales decreased 0.2% in December, missing forecasts of a 0.5% gain, after a 0.4% rise in November. November's figure was revised up from a 0.2% increase.
On a yearly basis, German unadjusted retail sales jumped 1.5% in December, missing expectations for a 2.0% gain, after a 2.4% rise in November. November's figure was revised up from a 2.3% increase.
Sales of non-food products increased at an annual rate of 1.0% in December, while sales of food, beverages and tobacco products climbed by 2.0%.
In 2015 as whole, retail sales in real terms rose 2.7%, after a 1.2% increase in 2014.
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