Retail sales index in Germany, August, 2020
For that indicator, we provide data for Germany from January 1994 to August 2020. The average value for Germany during that period was 97.96 index points with a minimum of 90.7 index points in June 2009 and a maximum of 118.5 index points in August 2020.
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Measure: index points
Definition: The retail sales index is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. The retail sales index measures only the volume changes, i.e. price level changes are excluded.