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NEWS: Germany March retail sales +7.7% vs +3.0% m/m expected May 03, 2021 at 07:00AM


Latest data released by Destatis – 3 May 2021
– +1.2%; revised to +2.7%
– Retail sales +11.0% vs -0.2% y/y expected
– Prior -9.0%; revised to -6.6%
That’s the strongest monthly jump in retail sales since the pandemic and underscores a modest rebound in consumption after the slump seen in December and January. Amid tighter restrictions, this

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