According to provisional results of the Federal Statistical Office (Destatis), retail turnover in June 2016 in Germany increased in real and in nominal terms 2.7% compared with the corresponding month of the previous year. The number of days open for sale was 26 in June 2016 and 26 in June 2015, too.

Compared with the previous year, turnover in retail trade was in the first six months 2016 in real terms 2.3% and in nominal terms 2.4% larger than in the corresponding period of the previous year.

When adjusted for calendar and seasonal variations (Census-X-12-ARIMA), the June turnover was in real terms 0.1% and in nominal terms 0.3% smaller than that in May 2016.

The post Germany’s retail sales up 2.7% in June appeared first on forex-analytics.press.