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Retail turnover in Germany in July 2012: –1.0% in real terms on July 2011

From destatis.de

According to provisional results of the Federal Statistical Office (Destatis), retail turnover in July 2012 in Germany increased 1.1% in nominal terms and decreased 1.0% in real terms compared with the corresponding month of the previous year. The number of days open for sale was 26 in July 2012 and 26 in July 2011, too. When adjusted for calendar and seasonal variations (CENSUS-X-12-ARIMA), the July turnover was in nominal terms 1.3% and in real terms 0.9% smaller than that in June 2012. Compared with the previous year, turnover in retail trade was in the first seven months of 2012 in nominal terms 2.7% and in real ... (full story)

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