Significant Growth in German Retail Sales

In a remarkable display of economic resilience, Germany's retail sector experienced a 4.9% increase in real terms in February compared to the previous year, as reported by Destatis, the country's statistical office. This growth is a clear indicator of the sector's robust health.

Monthly and Annual Performance

On a monthly basis, the turnover in retail trade saw a modest rise of 0.8%. When looking at nominal terms, the scenario is even brighter, with a 5.9% annual increase and a similar 0.8% growth from January to February.

Sector-Specific Highlights

The food retail sector wasn't left behind, posting a 0.8% increase month-on-month and a 3.3% rise year-on-year. Meanwhile, non-food retail trade enjoyed a 0.6% monthly uptick and a significant 5.2% annual growth, showcasing the diverse strength across Germany's retail landscape.