{"id":221176,"date":"2026-01-07T09:37:16","date_gmt":"2026-01-07T09:37:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/221176\/"},"modified":"2026-01-07T09:37:16","modified_gmt":"2026-01-07T09:37:16","slug":"germany-november-retail-sales-0-6-vs-0-2-m-m-expected","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/221176\/","title":{"rendered":"Germany November retail sales -0.6% vs +0.2% m\/m expected"},"content":{"rendered":"<p>Prior -0.3%; revised to +0.3%Retail sales +1.1% vs +0.9% y\/y expectedPrior +0.9%; revised to +1.6%<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">That&#8217;s a steep drop in retail sales, missing on estimates but the blow is softened by a more positive revision to the October figure at least. The breakdown shows a drop in retail sales of food products (-1.9%) with the non-food retail sector posting slight growth in sales (+0.3%).<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">The German stats office notes that 2025 retail sales is seen at +2.4% in real terms, based on their preliminary estimates. The range is projected somewhere between +2.3% to +2.6% in real terms for better accuracy. Looking into more detail, retail sales in the first half of 2025 showed a growth of around 3.8% before slowing in the second half of the year to 1.1%.<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">The jump in the first half of the year is noted to be attributed to a one-off effect resulting from the restructuring of a large online and mail-order company in August 2024, among other things.<\/p>\n","protected":false},"excerpt":{"rendered":"Prior -0.3%; revised to +0.3%Retail sales +1.1% vs +0.9% y\/y expectedPrior +0.9%; revised to +1.6% That&#8217;s a steep&hellip;\n","protected":false},"author":2,"featured_media":221177,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-221176","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/221176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=221176"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/221176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/221177"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=221176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=221176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=221176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}