Germany August 2025 Retail Sales: Unexpected Decline

On September 30, 2025, Germany’s Federal Statistical Office released the actual monthly retail sales data for August. The reported figure was -0.2%, compared to a forecast of 0.6% and a previous reading of -1.5%.This indicator measures the aggregate value of goods sold by all major retailers, excluding automotive and fuel station sales, and is adjusted for inflation. A result higher than the forecast is typically viewed as positive for the euro.This data carries a medium level of importance (level 2). It is published monthly using a methodology that excludes car and gasoline station sales and adjusts for inflation. The next release is scheduled for December 27, 2025.

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