Germany's retail sales improve in November 2022
Turnover of retail enterprises grows 1.1% from month earlier
By Tuba Sahin
ANKARA (AA) - Germany's retail sales rebounded month-on-month in November 2022 after contracting in October, according to official Destatis data released on Friday.
The real (price-adjusted) turnover of retail enterprises in Germany rose 1.1% from a month earlier following a 2.8% decline in October.
Non-food sales rose 2.1% while food sales dropped 1.3% in the same period.
On an annual basis, retail sales fell 5.9% in November 2022.
In 2022, first estimates showed retail sales climbed 0.3% from the record year of 2021.
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