empty
 
 

31.07.202307:20:00UTC+00Germany Retail Sales Fall Unexpectedly In June

Germany's retail sales registered an unexpected fall in June, figures from Destatis revealed on Monday.

Real retail turnover logged a monthly drop of 0.8 percent in June, confounding expectations for an increase of 0.2 percent.

Compared to June 2022, the retail sales volume fell 1.6 percent, which was slower than economists' forecast of 2.7 percent decrease.

Data showed that turnover was 4.5 percent less in real terms in the first half of 2023. Food sales posted a significant decrease of 5.8 percent in real terms.

At the same time, non-food sales slid 3.6 percent from a year ago. The drop in sales in online and mail order business was particularly high, Destatis said.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Hozir telefon orqali gaplasha olmaysizmi?
Savolingizni bering chatda.
Widget callback