Trademagazin > News and articles > Market News > German retail sales declined in real terms on an annual basis
German retail sales declined in real terms on an annual basis
Retail sales in Germany were mixed in May, growing more than expected on a monthly basis, but declining more than expected on an annual basis.
The German Federal Statistical Office (Destatis) announced on Thursday that, with calendar and seasonal adjustment, retail sales increased by 0.6 percent in real terms and by 2 percent in nominal terms, compared with April. (MTI)
Related news
Food prices rose at an accelerating rate in Germany
Inflation in Germany slowed down in June, according to the…
Read more >E-commerce in Germany grows for the first time in two years
Sales in German online retail have increased slightly again for…
Read more >Rewe opens Europe’s largest autonomous supermarket
Rewe has opened Europe’s largest autonomous supermarket in Hamburg. Its…
Read more >
More related news >
Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >