German Retail Sales decline 0.6% YoY in April vs. 0.3% previous

Germany's Retail Sales dropped by 1.2% MoM in April, having reported a 1.8% jump in March, the official data released by Destatis showed on Friday. The market consensus was for -0.1% in the reported period.

Annually, Retail Sales in the Eurozone's economy fell 0.6% in April, as against a growth of 0.3% recorded in March.