Press Wholesale turnover up 1.9% in real terms in the 3^rd quarter of 2021 year on year

Press release No. 554 of 6 December 2021

Wholesale turnover, 3^rd quarter of 2021 (unadjusted values, provisional)
+1.9%, in real terms, on the same quarter a year earlier
+11.5%, in nominal terms, on the same quarter a year earlier

Wholesale turnover, September 2021 (provisional)
-0.1% on the previous month (in real terms, calendar and seasonally adjusted)
+0.6% on the previous month (in nominal terms, calendar and seasonally adjusted)
+1.2%, in real terms, on the same month a year earlier (unadjusted value)
+11.6%, in nominal terms, on the same month a year earlier (unadjusted value)

WIESBADEN - According to provisional results of the Federal Statistical Office (Destatis), the real (price-adjusted) turnover of all wholesale enterprises in Germany was 1.9% higher and the nominal (not price-adjusted) turnover was 11.5% higher in the 3^rd quarter of 2021 compared with the same quarter of 2020. The large difference between the real and nominal increase was particularly due to the substantial increase in wholesale prices in the third quarter of 2021. This development has been noticeable since the second quarter of 2021. Compared with the 4^th quarter of 2019, the quarter before the coronavirus pandemic broke out in Germany, turnover in the 3^rd quarter of 2021 was up by 0.7% in real terms and by 8.8% on a nominal basis. In September 2021, the year-on-year increase in turnover was 1.2% in real terms and 11.6% in nominal terms.

Basic data and long time series are available in table Turnover in wholesale trade (45211-0004) in the GENESIS-Online database.