Retail trade turnover down by 0.6 percent in April

According to preliminary findings by the Federal Statistical Office, turnover in the German retail trade was up by 0.4% in nominal terms and down by 0.6% in real terms as compared to the same month in 2006. One year ago, however, the Easter shopping took place exclusively in the month of April whereas this was only partly the case this year. Comparing the combined figures for March and April of both years turnover turns out to be the same in real terms. Compared to March 2007, turnover in April this year increased by 2.8% and 2.6% in nominal and real terms respectively.

Retail trade in foodstuffs, beverages and tobacco goods decreased by 0.5% in nominal terms and 2.9% in real terms in April this year as compared to April in 2006.

Turnover in retail trade fields other than foodstuffs increased in April 2007 both in nominal and real terms as compared to the same month one year ago (+1.1% in nominal and +0.9% in real terms. Thus, retail trade turnover figures for textiles, clothing, footwear and leather goods were up by +7.1% and +6.0% in nominal and real terms respectively, the same applied to retail trade in cosmetic, pharmaceutical and medical products which were up by 3.7% and 2.4% respectively, to the mail order business (nominally +2.2% and +1.7% in real terms) as well as to the field of equipment and fixtures, household appliances and house building equipment (+0.2% and +0.4%).

In the period from January to April 2007 retail trade turnover was down by 0.4% and 1.2% in nominal and real terms respectively as compared to the same period one year ago. GERMAN