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retail is weakening in March 2010 further

www.zeit.de wrote on May 5, 2010 that the cash not have the retail trade in Germany, in March 2010 so rang, as hoped by the industry.

There were compared to March 2009, both in nominal terms (up 3.9 percent) and real (plus 2, 7 percent), sales growth, the Federal Statistical Office has calculated on the basis of preliminary data and presentation of the authority of Tuesday, the biggest increase since the September 2008. The March, but this year with 27 sales days of sale also more than the same month last year.

The downward trend continued in comparison with February: The income declined calendar and seasonally adjusted both nominal (minus 1.8 percent) and real (minus 2.4 percent). In the first quarter of 2010, revenues stagnated compared to the same period in nominal terms, price-adjusted (real), they declined by 0.8 percent.

Results are based on data from seven states in which about three-quarters of sales in German retailing are made.

The industry association HDE was still pleased. , Consider the retail sector in the strict sense - Excluding car dealers, gas stations, fuel and pharmacies - is on the sector "in March as well as a spokeswoman for the Association in Berlin said. Projected over the quarter to lie in nominal terms by 0.4 percent over the previous year. "The prospect of spring consumer has clearly moved to buy mainly clothes," said the spokeswoman.

expected for the full year, economists are optimistic that rising incomes and strong labor market will be based retail though. But the economic growth the industry is expected to contribute little in 2010.

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