• Retail sales up 0.9% m/m in Germany

Market news

30 June 2016

Retail sales up 0.9% m/m in Germany

According to provisional results of the Federal Statistical Office (Destatis), retail turnover in May 2016 in Germany increased in real terms 2.6% and in nominal terms 2.7% compared with the corresponding month of the previous year. The number of days open for sale was 24 in May 2016 and 23 in May 2015.

Compared with the previous year, turnover in retail trade was in the first five months 2016 in real terms 2.0% and in nominal terms 2.1% larger than in in the corresponding period of the previous year.

When adjusted for calendar and seasonal variations, the May turnover was in real terms 0.9% and in nominal terms 0.8% larger than that in April 2016.

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