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1/5, 8:00 AM (Source: TeleTrader)
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Germany retail sales up 5.6% in November

Turnover in Germany's retail trade in real terms rose 5.6% in November compared to the same month a year earlier, the country’s statistical office Destatis said in a provisional report published on Tuesday.

Retail sales increased 1.9% compared to the previous month in real terms.

In comparison with February of 2020, the month right before the outbreak of the coronavirus pandemic in Europe and subsequent lockdowns, turnover in November was 8.4% higher, the report noted.

Breaking the News / JC