Germany's retail turnover in March 2022 down 0.1% MoM

Retail turnover in real terms has thus stagnated from the beginning of the year as the decline in March offset the increase in February 2022 (+0.1 per cent on January 2022).

Compared with March 2021, retail trade recorded a 2.7 per cent decrease in turnover in real terms and a nominal increase of 3.1 per cent. The difference between the results in real and nominal terms reflects the high price increases in retail trade, according to Destatis.

ALCHEMPro News Desk (KD)