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Retail turnover in Germany in September 2012: – 3.1 % in real terms on September 2011

From destatis.de

According to provisional results of the Federal Statistical Office (Destatis), retail turnover in September 2012 in Germany decreased 0.7% in nominal terms and 3.1% in real terms compared with the corresponding month of the previous year. The number of days open for sale was 25 in September 2012 and 26 in September 2011. When adjusted for calendar and seasonal variations (CENSUS X-12-ARIMA), the September turnover was in nominal terms 1.9% and in real terms 1.5% larger than that in August 2012. Compared with the previous year, turnover in retail trade was in the first nine months of 2012 in nominal terms 1.9% larger ... (full story)

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