Measures changes in sales of the German retail sector. Given that consumption makes up a significant portion of German GDP, the Retail Sales figure can act as an indicator of domestic demand. High or rising Retail Sales may spur German consumption, translating into economic growth. However, uncontrolled growth runs the risk of inflationary pressures. Since Germany is a large part of the Euro-zone, German figures may have some impact on the market.

The headline figure is expressed in percentage change in the value of sales.

Relevance: Moderate market impact
Release schedule : Usually 9:30 (GMT); monthly, more than a month after
Revisions schedule : Few
Source of report : Federal Statistical Office Germany
Web Address : http://www.destatis.de/e_home.htm
Address of release : http://www.destatis.de/indicators/e/tkums331x.htm
AKA : Retail trades, Retail trades turnover