Germany's retail sales dropped unexpectedly in August due to a fall in non-food retailing, data from Destatis revealed on Tuesday.
Retail sales logged a monthly fall of 0.2 percent in August slower than a decrease of 0.5 percent seen in July. But sales were expected to rebound 0.6 percent. Destatis said food sales gained 0.6 percent, while non-food sales declined 1 percent from July.
On a yearly basis, retail sales growth eased to 1.8 percent from 2.9 percent in the previous month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.