Market news
31.01.2018, 07:17

German retail sales down 1.9% in December

According to provisional data turnover in retail trade in December 2017 was in real terms 1.9% and in nominal terms 0.2% smaller than in November 2016. The number of days open for sale was 24 in December 2017 and 26 in December 2016.

Compared with the previous year, turnover in retail trade was in the whole year 2017 in real terms 2.3% and in nominal terms 4.2% larger than in 2016.

When adjusted for calendar and seasonal variations (Census-X-12-ARIMA), the December 2017 turnover was in real terms 1.9% and in nominal terms 1.5% lower than in November 2017.

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