According to preliminary results from the Federal Statistical Office (Destatis), retail companies in Germany had 0.8% less sales in July 2023 than in June 2023, both real (price-adjusted) and nominal (not price-adjusted), after calendar and season adjustment. Compared to the same month last year July 2022, the retail trade recorded a real sales decrease of 2.2% and a nominal sales increase of 2.7%. The difference between the nominal and real results reflects the significantly increased price level in retail.In July 2023, compared to June 2023, retail sales of groceries increased by 2.0% in real terms and by 2.1% in ... (full story)