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    Destatis released its retail sales for Germany on Friday. German adjusted retail sales rose 1.7% in April, beating forecasts of a 0.8% rise, after a 1.4% decline in March. It was the first rise in three months.

     

     

    March's figure was revised up from a 2.3% decrease.

     

     

    On a yearly basis, German retail sales climbed 1.0% in April, missing expectations for a 2.5% gain, after a 4.3% rise in March. March's figure was revised up from a 3.5% increase.

     

     

    Sales of non-food products increased at an annual rate of 2.4% in April, while sales of food products declined by 2.1%.


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