German retail sales declined in real terms on an annual basis

By: Trademagazin editor Date: 2022. 06. 30. 11:12
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)

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