Retail sales · Germany
Germany Retail Sales MoM
The Germany Retail Sales MoM measures the value or volume of goods sold by shops and online retailers in Germany.
- Wichtigkeit
- High
- Veröffentlicht
- Monthly
- Nächste Veröffentlichung
- Währung
- EUR · euro
- Zentralbank
- The European Central Bank (with the Bundesbank)
Neueste Zahlen
Die letzte Veröffentlichung, für SEP, erschien am 2026-11-02 und lag bei -2.0%. Das liegt unter dem Konsens von 0.4%. Das ist weniger als 1.2% beim letzten Mal (revidiert).
A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.
In den letzten 12 Veröffentlichungen lag der Wert zwischen -3.4% und 1.3%, im Schnitt -0.7%.
| Veröffentlicht | Für | Ist | Konsens | Vorher |
|---|---|---|---|---|
| 2 Nov 2026 | SEP | -2.0% | 0.4% | 1.2% ® |
| 30 Sep 2026 | AUG | 1.3% | 1.5% | -3.2% ® |
| 1 Sep 2026 | JUL | -3.4% | 0.4% | 0.0% ® |
| 3 Aug 2026 | JUN | -1.1% | -0.5% | 1.2% ® |
| 30 Jun 2026 | MAY | 1.1% | -0.1% | -0.4% ® |
| 1 Jun 2026 | APR | -0.3% | -0.4% | -0.3% ® |
| 30 Apr 2026 | MAR | -2% | -0.1% | -0.3% ® |
| 31 Mar 2026 | FEB | -0.6% | 0.2% | -1.1% ® |
| 2 Mar 2026 | JAN | -0.9% | -0.2% | 1.2% ® |
| 2 Feb 2026 | DEC | 0.1% | -0.2% | -0.5% ® |
| 7 Jan 2026 | NOV | -0.6% | 0.2% | 0.3% ® |
| 28 Nov 2025 | OCT | -0.3% | 0.2% | 0.3% ® |
Warum es wichtig ist
Retail sales are the most timely measure of household spending, the largest part of the economy. Strong sales support growth and the euro; weak sales raise recession worries. In the US the "control group" (without autos, petrol, building materials and food services) feeds directly into GDP.
So wird gerechnet
the Federal Statistical Office (Destatis) surveys retailers on their monthly sales; value figures include price changes, volume figures remove them. Seasonal adjustment removes holiday patterns.
Change (mom) = sales this month ÷ sales last month − 1Was Veränderungen bedeuten
- Compare value and volume: rising value with falling volume is inflation, not stronger demand.
- Ex-autos and ex-fuel versions remove the most volatile parts.
- Revisions to the previous month can change the picture.
Höher als erwartet: A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.
Niedriger als erwartet: A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.
Eine kurze Geschichte
The US Census Bureau has published monthly retail sales since the 1950s; most countries followed in the post-war decades.
Fragen
What is the Germany Retail Sales MoM?
The Germany Retail Sales MoM measures the value or volume of goods sold by shops and online retailers in Germany.
What was the latest Germany Retail Sales MoM?
-2.0% for SEP, published on 2 November 2026 (consensus 0.4%, previous 1.2%).
When is the next Germany Retail Sales MoM?
On Monday 30 November 2026 at 07:00 UTC.
Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.