Retail sales Y-on-Y
| Latest value
| Data availability
||January 1995 - October 2023
| Min - Max
||-7.4 - 14.3
For that indicator, we provide data for Germany from January 1995 to October 2023. The average value for Germany during that period was 0.55 percent with a minimum of -7.4 percent in June 2022 and a maximum of 14.3 percent in January 2022.
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Definition: The retail sales Y-on-Y 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.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.