• Prior -0.1%
  • Retail sales -0.4% vs +4.0% y/y expected
  • Prior -2.7%

Yikes. That's a significant miss on retail sales with real turnover falling to its lowest since February 2021 after the drop in April above. As inflation pressures continue to soar, this isn't so much a good sign of things to come in Q2 for the German economy.

Germany retail