Economic Buzz: German Retail Sales Down 2.8% On Month In October

1 Dec 2022 , 01:49 PM

German retail sales fell 2.8% month-over-month in October of 2022, the biggest decline so far this year. It follows an upwardly revised 1.2% rise in September. Non-food sales fell a thumping 4.5% from September and were down 5.5% from a year earlier, while food sales were down 1.2% on the month and 3.9% on the year. Compared to a year earlier, retail sales dropped 5%. Powered by Commodity Insights