Germany Retail Sales (MoM) came in at -0.3%, above expectations (-0.4%) in April

German Retail Sales, a key measure of consumer spending, declined again in April. The consumer spending measure dropped 0.3% month-on-month (MoM), according to official data released by Destatis, while it was expected to have declined 0.4%. In March, Retail Sales fell by 2.0%.