Mumbai, June 1 -- Turnover in retail trade in Germany fell 0.3% in April in real terms compared to the same month a year ago, according to data released by the country's statistical office Destatis on Monday. In nominal terms, retail sales were up 1.4% year-on-year.
Food sales decreased 3.5% in real terms, while sales in the non-food sectors declined 2% in real terms.
On a monthly basis, adjusted for calendar and seasonal variations, retail sales in real terms slid 0.3%, while they were up 0.3% in nominal terms compared to March.
Published by HT Digital Content Services with permission from Capital Market....