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- German retail sales expected to be between 1.8% and 2.1% larger than that in 2015
German retail sales expected to be between 1.8% and 2.1% larger than that in 2015
According to estimates of the Federal Statistical Office (Destatis), retail turnover 2016 in Germany is expected to be in real terms between 1.8% and 2.1% larger than that in 2015. In nominal terms turnover is expected to increase by between 2.4% and 2.6%.
This estimation is based on data for the first eleven months of 2016. In this period retail turnover was in real terms 1.9% and in nominal terms 2.2% larger than that in the corresponding period of the previous year.
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