Germany's retail sales dropped in April, primarily driven by reduced petrol station turnover following Middle East geopolitical tensions, data from Destatis showed on Monday.
Retail sales fell 0.3% on a monthly basis in April, the same pace of decline as seen in March. Sales were forecast to decline 0.4%.
On a yearly basis, retail sales posted a real decrease of 0.3% after easing 0.2% in the previous month.
Petrol station sales were down 4% from the previous month. At the same time, sales in food stores advanced 3.2%, while non-food retail trade decreased 2.2% in April.
