Germany’s retail sales rose 0.2% month-over-month in September 2025, matching market estimates and swinging from a revised 0.5% decline in the previous month. This marked the first monthly increase since June, supported by a 0.3% rise in food sales and a 0.4% gain in online and mail-order businesses. In contrast, non-food sales fell 0.6%. On an annual basis, retail trade also grew 0.2%, easing sharply from a downwardly revised 1.4% rise in August and marking the slowest pace in 14 months.
Germany Import Prices Drop the Least in 5 Months
GermanyImport Prices YoY Germany’s import prices fell by 1.0% year-on-year in September 2025, following a 1.5% decline in the previous month. This marked the sixth consecutive month of falling import prices, but the softest fall since April, driven largely by a sharp drop in energy costs (-11.0%), particularly in hard coal (-18.6%), crude oil (-14.6%), and natural gas (-11.2%). Prices also decreased for intermediate goods (-0.4%) and capital goods (-0.5%). Excluding energy, import prices inched up by 0.1%. In contrast, prices for consumer goods rose by 1.1%, mainly due to a 7.2% increase in food prices. Notable surges included shelled hazelnut (83.1%), coffee (39.8%), and beef (33.3%). Meanwhile, agricultural imports grew by 1.9%, largely boosted by a 35.9% surge in green coffee. On a monthly basis, import prices unexpectedly rose 0.2% in September, beating market expectations of a 0.2% decline, rebounding from a 0.5% fall in the previous month and marking the first monthly increase in seven months.
