Press release No. 544 of 1 December 2021
Retail turnover, October 2021 (provisional, calendar and seasonally adjusted)
-0.3% on the previous month (in real terms)
+0.2% on the previous month (in nominal terms)
-2.9% on the same month a year earlier (in real terms)
-0.4% on the same month a year earlier (in nominal terms)
WIESBADEN– According to provisional results of the Federal Statistical Office (Destatis), the real (price-adjusted) turnover of all retail enterprises in Germany was 0.3% lower and the nominal (not price-adjusted) turnover was 0.2% higher, on a calendar and seasonally adjusted basis, in October 2021 compared with September 2021. The difference between real and nominal turnover development was particularly due to the increase in retail prices. Retail turnover in real terms was up by 3.5% on the pre-crisis month of February 2020. Compared with October 2020, turnover declined by 2.9% on a real basis and by 0.4% in nominal terms. The delivery bottlenecks in retail trade that were reported several times might have been a reason for this decline in turnover.
Crisis Monitor enables comparison between corona crisis and financial and economic crisis
Retail turnover also forms part of the “Crisis Monitor“ (www.destatis.de/krisenmonitor), by means of which the Federal Statistical Office compares the development of major short-term indicators in the corona crisis and the financial and economic crisis of 2008/2009. The "Crisis monitor" complements the Corona statistics webpage (www.destatis.de/corona), which provides statistical information on the economic and social consequences of the coronavirus pandemic.
