Germany's retail sales recovered in June as food and non-food stores reported growth, data from Destatis showed on Wednesday.
Retail sales posted a stronger-than-expected monthly growth of 1.0 percent, in contrast to the revised 0.6 percent drop in May. Sales were expected to rise 0.5 percent in June.
Food retail sales increased 0.3 percent and non-food retail sector registered a 1.8 percent rise in June. Online and mail-order sales grew markedly by 9.0 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.