Wholesale trade turnover up by 9.3% in April

Turnover generated by the German wholesale trade business grew significantly in April this year. It increased by 15.7% and 9.3% in nominal and real figures respectively as compared to April last year. In comparison with March 2008 it increased by 1.3% and 0.2% respectively after adjustments for calendar and season. These are the preliminary findings by the Federal Statistical Office.

When comparing the above figures, however, it has to be taken into account that the Easter holidays in 2007 were in April and in 2008 in March so that there were two working days less in the respective months.

All six major wholesale trade sectors generated more turnover in April 2008 than in April last year in both nominal and real figures. The biggest real increase was registered in the wholesale trade in machines, equipment and accessories which grew by 18.3% (+13.6% nominally).

Over the first four months in 2008 the German wholesale trade business generated 10.4% and 4.5% more turnover in nominal and real figures respectively as compared to the same period in 2007. GERMAN