Germany December retail gross sales -1.6% vs +Zero.2% m/m anticipated

• Prior -Zero.6%

Demise, taxes, and unhealthy information from German financial information. This can be a actual bummer contemplating it’s speculated to be the vacation interval the place we must always see elevated spending. As an alternative, this simply provides additional to the drop in retail gross sales in November. The one brilliant aspect is that general retail gross sales was nonetheless up 1.eight% in comparison with December 2023. As a complete in 2024, German retail gross sales was seen up by Zero.9% after accounting for calendar and seasonal changes.

This text was written by Justin Low at www.ubaidahsan.com.



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