German retail sales increased in May
Instead of the expected stagnation, retail sales in Germany increased in May in a monthly comparison.
The German statistical office, Destatis, announced on Friday that retail sales increased by 0.4 percent in May compared to April. Last month, sales of food products decreased by 1.4 percent, while those of non-food products increased by 0.5 percent.
Compared to May of last year, retail sales decreased by 3.6 percent this May, with a larger 4.3 percent drop compared to expert expectations.
In April, retail sales in Germany decreased by 0.7 percent on a monthly basis and by 4.3 percent year-on-year.
Related news
German trade associations call for more flexible opening hours
The chambers of industry and commerce and local governments in…
Read more >NGM is satisfied with the increase in retail turnover Visszajelzés küldése Oldalsó panelek Előzmények Mentve Fordítási találatok állnak rendelkezésre
The March slowdown in retail sales is merely a temporary,…
Read more >Eurozone retail sales growth slows in March
Retail sales growth slowed in March in both the eurozone…
Read more >Related news
I love trade marketing – this year too
Trade Marketing Club’s (TMK) traditional online conference, I Love Trade…
Read more >Make quality visible! Choose the Excellent Product trademark!
For nearly 20 years Hungarian Product Nonprofit Kft. has been…
Read more >German trade associations call for more flexible opening hours
The chambers of industry and commerce and local governments in…
Read more >