Mumbai, April 30 -- According to preliminary results from the Federal Statistical Office (Destatis), retail companies in Germany achieved 1.8% more real (price-adjusted) and 2.2% more nominal (not price-adjusted) sales in March 2024 than in February 2024. In comparison, compared to March 2023, the retail sector recorded an increase in sales of 0.3% in real terms and 2.1% in nominal terms. The difference between the nominal and real results reflects the increased retail price level.
In March 2024, calendar and seasonally adjusted sales in food retail rose by 3.6% in real terms and by 3.5% in nominal terms compared to the previous month. Compared to March 2023, sales recorded an increase of 4.1% in real terms and 5.8% in nominal terms.
Real...