Germany: Retail sales Y-on-Y
* indicates monthly or quarterly data series
| Germany |
Retail sales Y-on-Y |
|---|---|
| Latest value | -4.97 |
| Reference | October 2022 |
| Measure | percent |
| Source | Eurostat |
For that indicator, we provide data for Germany from January 1995 to October 2022. The average value for Germany during that period was 0.72 percent with a minimum of -7.52 percent in June 2022 and a maximum of 14.33 percent in January 2022.
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Measure: percent
Source: Eurostat
Source: Eurostat
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.