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Destatis released its retail sales for Germany on Friday. German adjusted retail sales slid 1.1% in March, missing forecasts of a 0.3% gain, after a 0.4% decrease in February.
On a yearly basis, German unadjusted retail sales increased 0.7% in March, missing expectations for a 2.2% gain, after a 5.5% rise in February. February's figure was revised up from a 5.4% increase.
Sales of non-food products decreased at an annual rate of 1.1% in March, while sales of food, beverages and tobacco products rose by 2.7%.
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