Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
GERMAN DATA
MNI (London)
GERMANY DEC RETAIL SALES -5.5% M/M, +0.0%Y/Y
- German retail sales came in over four points below market expectations today, falling to -5.5% m/m in December from +0.6% m/m in November The forecast was a significantly smaller contraction of -1.4%.
- On the year, retail sales stalled at 0.0%, largely missing the expected increase of +3.4%.
- In 2021, retail sales expanded by only +0.7% in real terms. Apparel suffered stark losses for the second consecutive year, as shop-based retail trade felt the pressure of the pandemic-induced restrictions.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok