• German retail sales growth slowed sharply in October

Market news

29 November 2019

German retail sales growth slowed sharply in October

According to provisional data from Destatis, turnover in retail trade in October 2019 was in real terms 0.8% and in nominal terms 1.0% larger than in October 2018. The number of days open for sale was 26 in October 2019 and in October 2018.

Compared with the previous year, turnover in retail trade was in the first ten months of 2019 in real terms 2.8% and in nominal terms 3.4% higher than in the corresponding period of the previous year.

When adjusted for calendar and seasonal variations, the October turnover was in real and nominal terms 1.9% lower than in September 2019.

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.