Germany retail sales rebound in August 2024: up 1.6% compared with July
October 10, 2024
According to preliminary data from the German Federal Statistical Office (Destatis), retail trade in Germany in August 2024 was 1.6% higher than in July 2024, in both real and nominal terms, after adjusting for calendar and seasonal effects. Compared with August 2023, turnover was up 2.1% in real terms and 3.1% in nominal terms. Prior to this, retail sales had fallen in May and June 2024 compared with the previous months.