Press Retail turnover in real terms down 0.3% in January 2023 on the previous month

Turnover in food retailing up 3.1% on the previous month

Press release No. 087 of 8 March 2023

Retail turnover, January 2023 (provisional, calendar and seasonally adjusted)
-0.3% on the previous month (in real terms)
-0.7% on the previous month (in nominal terms)
-6.9% on the same month a year earlier (in real terms)
+2.8% 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 declined by 0.3% and the nominal (not price-adjusted) turnover dropped by 0.7%, on a calendar and seasonally adjusted basis, in January 2023 from December 2022. Compared with January 2022, retail trade recorded a 6.9% decrease in turnover in real terms and a nominal increase of 2.8%. The difference between the results in real and nominal terms reflects the significant price increases in retail trade. Retail turnover decreased by 0.6% in January 2023 compared with January 2020, the corresponding month before the Covid-19 pandemic.


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