Germany's retail turnover in May 2022 up 0.6 per cent MoM

Retail trade in textiles, clothing, footwear and leather products was up by 10.6 per cent in May 2022.

Compared with May 2021, retail trade recorded a 3.6 per cent decrease in turnover in real terms and a nominal increase of 4.1 per cent in May 2022. The difference between the results in real and nominal terms reflects the high price increases in retail trade, Destatis said in a press release.

ALCHEMPro News Desk (KD)