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- Retail sales in Germany rose sharply in April
Retail sales in Germany rose sharply in April
According to provisional results of the Federal Statistical Office (Destatis), the real (price-adjusted) turnover of the retail enterprises in Germany was 4.0% and the nominal (not price-adjusted) turnover 4.8% higher in April 2019 compared with April 2018. The number of sales days was 24 in each of these two months.
The timing of Easter had a positive effect on the year-on-year development of turnover in April 2019. In 2018, the Easter business largely fell in March, while turnover decreased in April. In 2019, however, the Easter business largely fell in April.
In the period from January to April 2019, German retail turnover was up a real 2.2%, and a nominal 3.0%, on the same period of the previous year.
In April 2019, the calendar and seasonally adjusted turnover declined a real 2.0%, and a nominal 1.5%, compared with March 2019.
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