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Sales in German online retail continue to rise after the shops have opened

FRANKFURT (Dow Jones) – The boom in the internet and mail order business in Germany continued even after the stores reopened in spring 2021. From May to September of this year, sales in this area were in real terms, calendar and seasonally adjusted, 8.8 percent higher than in the same period of the previous year. Back then, many stores only opened gradually again after the initial lockdown. Compared to the sales from May to September 2019, online trading was able to generate 36.0 percent more, according to the Federal Statistical Office (Destatis).

The stationary retail trade has so far hardly benefited from the reopening of stores after the month-long lockdown at the beginning of 2021. Sales from May to September 2021, at minus 0.2 percent, were roughly at the level of the previous year’s period, which was also heavily influenced by corona-related restrictions. Compared to the period in 2019, however, these dealers recorded an adjusted sales increase of 2.9 percent despite the crisis. However, the increase was significantly lower than in online retail.

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DJG / hab / smh

(END) Dow Jones Newswires

November 24, 2021 02:15 ET (07:15 GMT)

Reference-www.finanzen.at

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