Press Price-adjusted increase of retail turnover by 2.9% expected for 2019

Press release No. 004 of 6 January 2020

Retail turnover, November 2019
+2.1% on the previous month (in real terms, calendar and seasonally adjusted, provisional)
+2.1% on the previous month (in nominal terms, calendar and seasonally adjusted, provisional)
+2.8% on the same month a year earlier (in real terms, provisional)
+3.1% on the same month a year earlier (in nominal terms, provisional)

WIESBADEN – According to estimates of the Federal Statistical Office (Destatis), retail turnover 2019 in Germany is expected to be between 2.8% and 3.0% higher in real terms than in 2018. In nominal terms turnover growth is expected between 3.3% and 3.5%. This estimation is based on data for the first eleven months of 2019. According to provisional data, turnover in retail trade in November 2019 increased 2.8% in real terms and 3.1% in nominal terms from November 2018. The number of days open for sale was 26 both in November 2019 and November 2018.

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Compared with the previous year, turnover in retail trade was in the first eleven months of 2019 in real terms 2.9% and in nominal terms 3.5% higher than in the corresponding period of the previous year.

When adjusted for calendar and seasonal variations, the November turnover was in real and nominal terms 2.1% higher than in October 2019.

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