Germany Retail Sales (YoY) below expectations (0.5%) in March: Actual (-2%)

Germany Retail Sales (MoM) below forecasts (-0.1%) in March: Actual (-2%)

Germany Retail Sales (MoM) below forecasts (-0.1%) in March: Actual (-2%)
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German Retail Sales fall by 2.0% MoM in March vs. -0.1% expected

German Retail Sales, a key measure of consumer spending, declined again in March. The consumer spending measure fell 2.0% month-on-month (MoM), according to official data released by Destatis, while it was expected to have declined 0.1%. In February, Retail Sales fell by 0.6%.
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