Wholesale Sales up 7.5 Percent in Real Terms

October 30, 2008 · Filed Under Markets

According to the preliminary result of the Federal Office of Statistics (Destatis), wholesale sales in September 2008 were up 14.7% in nominal terms and 7.5% in real terms, on September 2007. Compared with August 2008, the increase in wholesale sales was 0.9% in nominal terms and 0.5% in real terms, adjusted for seasonal and calendar effects.

In September 2008, all six wholesale sectors recorded a higher sales volume than in September 2007, in nominal and in real terms. With 46.3% (+31.6% in nominal terms), the highest jump in sales was recorded by companies engaged in wholesaling agricultural base and livestock.

In the first nine months of 2008, wholesale sales increased by 10.9% in nominal terms and 3.5% in real terms against the same period in 2007.