German retail sales volumes increased 6.2 percent y/y in June


German retail sales increased in June. This was shown on Monday by figures from the German statistical office Destatis.

On a monthly basis, sales increased by 4.2 per cent in June, adjusted for inflation. As a result, growth is significantly stronger than the 1.8 percent anticipated by economists.

On an annual basis, retail sales increased 6.2 per cent in June, also adjusted for inflation and seasonal effects.

About the author

Nicholas de Kramer

Nicholas de Krammer, а self-taught economic analytic with heave mathematical background. Math behind the economics (and economics behind math) is the strong side of the author. Contact him at [email protected]

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts