German Retail Sales YoY (Nov) Y/Y 1.1% vs. Exp. 1.2% (Prev. 0.9%, Rev. 1.6%)

German Retail Sales YoY (Nov) Y/Y 1.1% vs. Exp. 1.2% (Prev. 0.9%, Rev. 1.6%)

German retail sales for November came in at 1.1% year-on-year, slightly below the expected 1.2% and up from a revised 1.6% prior. This miss against expectations may signal a slowdown in consumer spending, raising concerns about economic momentum and potential implications for future growth and ECB policy.