Latest data released by Destatis - 2 August 2021

  • Prior +4.2%; revised to +4.6%
  • Retail sales +6.2% y/y
  • Prior -2.4%

That's a solid beat on retail sales activity, as German consumption continues to pick up towards the end of Q2 as the improving virus situation likely played a key role in helping to bolster economic activity after the reopening.