Turnover in retail trade in Germany decreased 0.6% in April in real terms compared to the same timeframe in 2023, the Federal Statistical Office (Destatis) shared in its report on Friday. Compared to the month prior, retail sales in real terms fell 1.2%.
Food retail sales in the reported period dropped 3.7% month over month and 1.5% year over year. Non-food retail sales advanced 0.2% in April compared to March, while falling 0.6% compared to the same month a year ago.
In nominal terms, retail sales were down 1.4% on a monthly basis but increased 1.0% on an annual level.
