- Prior +2.0%
- Retail sales +7.0% y/y
- Prior +10.3%
Retail turnover in Germany improves for the first two months of the year though the impact of surging inflation pressures will start to weigh on subsequent sentiment in the months ahead surely. For now, this is at least a positive indication that domestic demand is still holding up but we'll see how things turn as inflation rockets higher as it did in March.
