Annual Growth Highlights

In a remarkable upturn, Germany's retail trade witnessed a 4.9% real-term increase in February compared to the previous year, as reported by Destatis, the country's statistical office. This growth underscores the resilience and dynamism of the German retail sector.

Monthly Performance

On a month-to-month basis, the sector saw a 0.8% rise in turnover, indicating steady consumer confidence and spending habits.

Nominal Terms Analysis

When adjusted for nominal terms, the annual growth escalates to 5.9%, with a similar monthly increase of 0.8%, reflecting the broader economic trends influencing retail dynamics.

Sector-Specific Insights

Food Retail: Experienced a 0.8% monthly and a 3.3% annual growth in real terms.
Non-Food Retail: Showed a 0.6% increase from January and a significant 5.2% rise compared to February 2024, highlighting diverse consumer preferences.