Retail Turnover in Germany in April 2012: –3.8% in real terms on April 2011

Looking at the temporary results of the FSO (Destatis), Germany’s retail earnings in April this year slumped by 2.0 percent in ostensible terms and 3.8 percent in actual terms compared with the same month of the earlier year. In April 2012, only 23 days were open for sale, while in April of the previous year only 24 days were open.

When the April earnings were adjusted for seasonal variations, it appeared to be in nominal terms 0.7 percent and actual terms 0.6 percent larger than what was realized in March this year.

Compared with the earlier year, retail trade earnings appeared to be in nominal terms 2.7 percent and in actual terms 0.8 percent.

Retail Turnover in Germany in April 2012: –3.8% in real terms on April 2011

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