Wiesbaden, Germany — In January 2024, retail companies in Germany according to preliminary results from the Federal Statistical Office (Destatis).
Adjusted for calendar and seasonal effects, both in real (price-adjusted) and nominal 0.4% less than in December 2023.
Compared to the same month in January 2023, the retail sector recorded a real sales decline of 1.4% and a nominal sales increase of 1.6%. The difference between the nominal and real results reflects the increase in retail price level in the retail sector.