German retail sales down 0.7% in February

Market news

3 April 2018

German retail sales down 0.7% in February

According to provisional data turnover in retail trade in February 2018 was in real terms 1.3% and in nominal terms 2.5% larger than in February 2017. The number of days open for sale was 24 in February 2018 and in February 2017.

When adjusted for calendar and seasonal variations (Census-X-12-ARIMA), the February turnover was in real terms and in nominal terms 0.7% smaller than that in January 2018.

Eurostoxx 50 futures down 1 pct, DAX futures down 1.2 pct, CAC 40 futures down 0.8 pct, FTSE futures down 1 pct, IBEX futures down 1.3 pct

Germany: Retail sales, real unadjusted, y/y, February 1.3% (forecast 2.2%)

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