German retail sales increase in August

NAMPA / DPA

2024-10-10

Berlin (dpa-AFX) - Germany's retail sales increased in August underpinned by food and non-food turnover, official data showed on Thursday. Retail sales grew 1.6% on a monthly basis in August after a 1.5% gain in July and a 1.1% drop seen in June, Destatis reported. Food sales rose 1.9% and non-food retailing grew 1.1% in August from the last month. On a yearly basis, retail sales posted a growth of 2.1% in real terms and 3.1% in nominal terms.......

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