Price-adjusted increase of retail turnover by just under 1.5% expected for 2018

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Source: Destatis Statistisches Bundesamt – In EnglishRetail turnover, November 2018+1.4% on the previous month (in real terms, calendar and seasonally adjusted, provisional)+1.5% on the previous month (in nominal terms, calendar and seasonally adjusted, provisional)+1.1% on the same month a year earlier (in real terms, provisional)+2.9% on the same month a year earlier (in nominal terms, provisional) Enlarge picture WIESBADEN – According to estimates of the Federal Statistical Office (Destatis), retail turnover 2018 in Germany is expected to be between 1.4% and 1.5% higher in real terms than in 2017. In nominal terms turnover growth is expected between 3.1% and 3.3%. This estimation is based on data for the first eleven months of 2018. According to provisional data, turnover in retail trade in November 2018 increased 1.1% in real terms and 2.9% in nominal terms from November 2017. The number of days open for sale was 26 both in November 2018 and November 2017.
When adjusted for calendar and seasonal variations (Census-X-12-ARIMA), the November turnover was in real terms 1.4% and in nominal terms 1.5% higher than in October 2018.
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