• Germany’s retail sales up 2.7% in June

Market news

29 July 2016

Germany’s retail sales up 2.7% in June

According to provisional results of the Federal Statistical Office (Destatis), retail turnover in June 2016 in Germany increased in real and in nominal terms 2.7% compared with the corresponding month of the previous year. The number of days open for sale was 26 in June 2016 and 26 in June 2015, too.

Compared with the previous year, turnover in retail trade was in the first six months 2016 in real terms 2.3% and in nominal terms 2.4% larger than in the corresponding period of the previous year.

When adjusted for calendar and seasonal variations (Census-X-12-ARIMA), the June turnover was in real terms 0.1% and in nominal terms 0.3% smaller than that in May 2016.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.