Alemanha Vendas no Varejo (mensal)

Germany’s retail sales edged up 0.1% month-on-month in December 2025, beating market expectations for a 0.2% decline and reversing a marginally revised 0.5% drop in the previous month, pointing to tentative resilience in consumer spending toward year-end. Growth was driven by a 2.5% rise in food sales and a modest 0.7% increase in non-food sales. In contrast, online and mail-order sales fell 2.3%, indicating weaker discretionary demand in digital channels. On an annual basis, retail trade expanded 1.5%, accelerating from an upwardly revised 1.3% gain in November and marking the fastest pace in five months. For the full year, retail sales increased 2.7%, underscoring a gradual recovery despite a challenging economic backdrop.