empty
 
 

2020.01.0606:15:00UTC+00Germany Retail Sales Recover In November

Germany retail sales recovered in November after falling in the previous month, data from Destatis revealed Monday.

Retail turnover advanced 2.1 percent in November from the previous month, offsetting the 1.3 percent decline in October. Economists had forecast an increase of 1 percent.

On a yearly basis, retail sales growth accelerated to 2.8 percent from 1.4 percent a month ago. The growth rate was expected to ease to 1 percent.

In nominal terms, retail sales increased 2.1 percent on month taking the annual growth to 3.1 percent in November.

In the first eleven months of 2019, retail turnover increased 2.9 percent in real terms and 3.5 percent in nominal terms.

Retail turnover 2019 is expected to be between 2.8 percent and 3.0 percent higher in real terms than in 2018, Destatis reported.

  • 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 $9000 more!
    In May we raffle $9000 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


Can't speak right now?
Ask your question in the chat.
Widget callback