Retail sales in Germany fell in October

Retail sales fell by 0.3 percent in October compared to September, when they rose by 0.3 percent. Analysts’ average expectations were for a modest 0.1 percent monthly increase for October.

Food sales rose 1.2 percent, non-food retail sales fell 0.7 percent, and online and mail-order sales fell 0.6 percent month-on-month.

Annual growth in retail sales slowed to 0.9 percent from 3.4 percent in September.