The German Retail Sales MoM index depicts a combined figure of retail goods and service sales of the current month versus the previous month. The index is characterized by seasonality and is considered as an economic health indicator. The index is published monthly by the Federal Statistical Office.
Retail Sales increased by 0.5% in May 2017 versus April missing the consensus estimate of 0.3%. Historically the index reached a historical low of – 4.7% in May 2007 and a historical high of 4.1% in November 2001. |
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