Retail turnover in October 2020: 2.6% in real terms higher than the previous month

According to provisional data of the Federal Statistical Office (Destatis), turnover in retail trade in October 2020 was in real terms as well as in nominal terms 2.6% (both adjusted for calendar and seasonal influences) higher than in September 2020.In October 2020, the turnover in retail rose by 8.2% (real) and 9.4% (nominal) compared to the same month of the previous year. In comparison to February 2020, the month before the outbreak of Covid 19 in Germany, the turnover in October 2020 was 5.9% (in real terms, calendar and seasonally adjusted) higher. Retail sales of food, beverages and tobacco were in real terms … (full story)

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