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2026-11-02 16:06:27
[German Retail Sales Unexpectedly Fall 2.0% Month-on-Month in September] ⑴ German retail sales fell 2.0% month-on-month in September 2026, compared to a revised 1.2% increase in the previous month, falling short of market expectations of a 0.4% increase. ⑵ This is the fourth monthly decline this year, dragged down by a 1.3% drop in food sales and a 2.4% drop in non-food sales. ⑶ Online and mail-order sales also fell 2.2%, indicating weakening demand for e-commerce. ⑷ Year-on-year, retail sales fell 2.3%, a deeper decline than the revised 0.3% drop in August.
