Retail in Germany: increase in sales brings new hope!

Retail in Germany: increase in sales brings new hope!

Wiesbaden, Deutschland - Germany's retail shows bright spots! In September 2024, the retailers recorded an increase in sales of 1.2 percent compared to the previous month, as the Federal Statistical Office in Wiesbaden announced. The proceeds nominal rose by 0.6 percent, which signals a positive trend. Compared to September 2023, sales are almost four percent higher - a pleasant increase that arouses hope.

Despite this positive development, the general mood in the industry remains careful. According to the current IFO business survey, retailers are somewhat more optimistic, but continue to assess their situation at a low level. The business expectations for the coming months show hardly any changes. The figures indicate that consumption in Germany is slowly but steadily gaining drive while the retailers are optimistic about the future. More details on these developments can be found here .