FX.co ★ German Retail Sales Unexpectedly Fall

Germany’s retail sales fell by 2.0% month-on-month in September 2026, reversing a downwardly revised 1.2% increase in August and undershooting market expectations for a 0.4% rise. This was the fourth monthly decline so far this year, reflecting weaker demand across key categories. Food sales dropped 1.3%, while non-food sales fell 2.4%. Online and mail-order trade also contracted by 2.2%, indicating softer e-commerce activity. On a year-on-year basis, retail sales declined 2.3%, a sharper fall than the downwardly revised 0.3% decrease recorded in August.