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German Retail turnover in January 2016: –0.8% in real terms on January 2015
According to provisional results of the Federal Statistical Office (Destatis), retail turnover in January 2016 in Germany decreased 0.8% in real terms and 0.4% in nominal terms compared with the corresponding month of the previous year. The number of days open for sale was 25 in January 2016 and 26 in January 2015. When adjusted for calendar and seasonal variations (Census-X-12-ARIMA), the January 2016 turnover was in real terms 0.7% and in nominal terms 0.6% larger than that in December 2015.