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Wednesday, October 31, 2007

German Retail Sales September 2007

According to provisional data from the Federal Statistical Office, turnover in retail trade in Germany in September 2007 was down in nominal terms 1.2% and in real terms 2.2% when compared with September 2006. And this included one extra day, since the number of days shops were open for sale was 25 in September 2007 and 26 in September 2006.

When adjusted for calendar and seasonal variations, the September turnover was in nominal terms 2.6% and in real terms 2.3% larger than that of August.

Compared with the corresponding period of the previous year, retail during the first nine months of 2007 was down 0.9% in nominal terms and 1.6% in real terms than during the first nine months of 2006.

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