Germany's retail sales declined unexpectedly in November on falling food product sales, official data revealed on Wednesday.
Retail sales dropped 0.6 percent month-on-month, in contrast to the revised 0.3 percent increase in October. Sales were expected to climb 0.2 percent.
Sales of food products declined 1.9 percent from the previous month, while the non-food sector showed a monthly growth of 0.3 percent. Online and mail-order sales moved up 0.9 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.