German retail sales fell -1.1% MoM (vs +0.2 MoM expected) in real terms and -1.2% MoM in nominal terms in April 2025, but were up 2.3% YoY real and 3.4% YoY nominal.

• March 2025 retail sales were revised up to +0.9% MoM in both real and nominal terms (from -0.2% and -0.1%, respectively).
• Food sales were down -0.1% MoM real and up 0.1% nominal; YoY they rose 2.3% real and 4.9% nominal.
• Non-food sales fell -1.3% MoM real and -1.4% nominal; YoY they increased 2.6% real and 2.9% nominal.
• Online and mail-order sales declined -0.2% MoM real and -0.4% nominal; YoY they jumped 14.1% real and 13.8% nominal.