German Retail Sales MM Real* (Dec) -5.5% vs. Exp. -1.4% (Prev. 0.6%, Rev. 0.8%)
Analysis details (07:28)
Pantheon Macroeconomics said "this is a terrible headline, but hardly surprising in light of the equally grim advance Q4 GDP growth data released last week,” adding that in short, “German consumers’ spending suffered a big hit at the end of 2021 as virus cases soared, and new restrictions were imposed."
01 Feb 2022 - 07:00- Data- Source: Newswires
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