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German Retail turnover in April 2014: +3.4% in real terms on April 2013
According to provisional results of the Federal Statistical Office (Destatis), retail turnover in April 2014 in Germany increased 3.4% in real terms and 4.0% in nominal terms compared with the corresponding month of the previous year. The number of days open for sale was 24 in April 2014 and 25 in April 2013. However, the Easter sales fell this year in the month of April, last year it was in March. When adjusted for calendar and seasonal variations (Census-X-12-ARIMA), the April turnover was in real terms 0.9% and nominal terms 1.0% smaller than that in March 2014. Compared with the previous year, turnover in retail ... (full story)
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