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11/30/2023, 8:00 AM (Source: TeleTrader)
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German retail sales down 0.1% in October

Calendar and seasonally adjusted turnover in retail trade in Germany decreased by 0.1% in real terms on a yearly basis in October, the country's statistical office Destatis noted in its report on Thursday. Month-over-month, the turnover in real terms rose by 1.1%.

In nominal terms, calendar and seasonally adjusted turnover in retail was 0.7% higher than September's reading. Meanwhile, compared to the same month a year ago, the figure went up by 2.6%.

Finally, the report especially highlighted that "real non-food retail sales increased by 1.4% month-on-month in October 2023 and by 0.6% year-on-year."

Baha Breaking News (BBN) / RR