Press release No. 003 of 5 January 2018
WIESBADEN – According to estimates of the Federal Statistical Office (Destatis), retail turnover 2017 in Germany is expected to be between 2.7% and 3.1% higher in real terms than in 2016. In nominal terms turnover is expected to increase by between 4.5% to 4.9%.
This estimation is based on data for the first eleven months of 2017. In this period retail turnover showed an increase by 2.7% in real terms and 4.6% in nominal terms compared with the corresponding period of the previous year.
According to provisional data, turnover in retail trade in November 2017 increased 4.4% in real terms and 6.2% in nominal terms from November 2016. The number of days open for sale was 26 both in November 2017 and November 2016.
When adjusted for calendar and seasonal variations (Census-X-12-ARIMA), the November 2017 turnover was up 2.3% in real terms and 2.5% in nominal terms from October 2017.
