Retail sales in January 2023 down 0.3% in real terms compared to the previous month

Retail sales, January 2023 (provisional, calendar and seasonally adjusted) -0.3% on the previous month (real) -0.7% on the previous month (nominal) -6.9% on the same month last year (real) +2.8% on the same month last year ( nominal) WIESBADEN – According to provisional results from the Federal Statistical Office (Destatis), in January 2023 retail companies in Germany turned over 0.3% less in real terms (price-adjusted) and 0.7% in nominal terms (not price-adjusted) than in December 2022. In comparison compared to the same month of January 2022, the retail trade recorded a real drop in sales of 6.9% and a nominal