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11/29/2019, 8:00 AM (Source: TeleTrader)
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German retail sales down 1.9% in October

Turnover in retail trade in Germany decreased 1.9% in October both in real terms and nominal on a monthly basis, according to a report released by the country’s statistical office Destatis on Friday.

On an annual basis, adjusted for calendar and seasonal variations, retail sales grew just by 0.8% compared to September in real terms, and were down 1.0% in nominal terms.

In the whole month, the number of days open for sale was 26.

Breaking the News / MD