Retail trade volume · Germany

Germany retail trade volume forecast

Retail trade volume (index 2021=100, monthly, seasonally and calendar adjusted)

monthlyUnit: Index 2021=100, monthly, seasonally and calendar adjustedData through Aug 2026

Model run: Sep 30, 2026 · TimesFM 2.5

12 months forecast · Aug 2027

100.4

Median forecast · p10-p90: 97.0 to 103.4

Latest observed: 99.9 · Aug 2026

Choose a horizon

The median and range update together.

History & forecast

White: observed history. Blue: forecast median. Shaded: p10-p90 model range.

949698100102104202220232024202520262027HistoryForecast3M100.16M100.112M100.4
949698100102104202220242026HistoryForecast

All values in Index 2021=100, monthly, seasonally and calendar adjusted

Model validation

HorizonTestsModel errorModelNo-change errorNo changeBand coverageCoverage
3 months581.31.289.7%
6 months551.91.678.2%
12 months493.12.773.5%

A simple no-change forecast had lower or equal average error at every horizon in these tests. Rolling backtests of this model on the latest revised history; overlapping forecast errors are not independent. The p10-p90 band is a model range, not a calibrated guarantee. Methodology · Forecast audit

Evidence & context

Source data

Source & observed data

DateValueChange
Aug 202699.9+1.32%
Jul 202698.6−3.24%
Jun 2026101.9+0.20%
May 2026101.7+0.99%
Apr 2026100.7−0.49%
Mar 2026101.2+0.10%
Feb 2026101.1−0.30%
Jan 2026101.4+0.20%
Dec 2025101.2+0.50%
Nov 2025100.7−0.20%
Oct 2025100.9+0.50%
Sep 2025100.4+0.10%

Sources & limits

Source: Eurostat · sts_trtu_m?unit=I21&s_adj=SCA&indic_bt=VOL_SLS&nace_r2=G47. Methodology · Forecast audit

Historical context

Outside the model

What could change this forecast?

The watchlist

A small, dated reading list. TimesFM sees the data series, not these stories. This context is not a trading signal.

No recent item selected for this series. We would rather leave this quiet than fill it with a weak match.

Selected for relevance, not a claim of causation. Source dates stay visible. Original reporting remains with its publisher.

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