Germany's retail turnover up 1.9% MoM in July 2022
03 Sep 22 1 min read
Compared with July 2021, retail trade recorded a 2.6 per cent decrease in turnover in real terms and a nominal increase of 6.1 per cent in July 2022.
In clothing and footwear, consumer price index registered a change of 0.8 per cent in July 2022 compared to the previous year and -2.7 per cent compared to June 2022, according to Destatis.
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The difference between the results in real and nominal terms reflects the high price increases in retail trade.
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Fibre2Fashion News Desk (KD)
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