By Frank Prenesti
Date: Monday 01 Jun 2026
(Sharecast News) - German retail sales fell less than expected in April even after a sharp decline at petrol stations as the Iran war caused a spike in fuel prices.
Retail sales in Europe's biggest economy were down 0.3% month on month, official data showed on Monday. Analysts had forecast a 0.5% decrease.
"The development of sales at gas stations in April 2026 was particularly noticeable as a result of the war in the Middle East: After calendar and seasonal adjustment, sales fell by 4.0% in real terms and 1.0% in nominal terms compared to the previous month," said the country's statistics office Destatis.
"Compared to April 2025, real sales declined by 10.4%, while nominal sales increased by 7.6%. It should be noted that sales at gas stations also include sales in on-site shops."
Reporting by Frank Prenesti for Sharecast.com
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