German retail sales fell by 0.9 percent in January

Retail sales in Germany fell significantly more than anticipated in January, as the country's economy continues to face headwinds. Data released on Monday by the federal statistics office showed a 0.9% month-on-month decrease in retail turnover. This drop was notably steeper than the 0.2% decline projected by analysts in a Reuters poll. The figures underscore the ongoing challenges within the retail sector as consumer demand remains fragile. The federal statistics office has provided further details and a breakdown of the data on its official website.