# Retail trade turnover (retail sales)

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- Post ID: 593334
- Modified: 2023-07-25T21:13:05+00:00
- Language: en

## Definition

Both the actual value of products sold in the retail trade (CH: retail trade) and the expected amounts are monitored by the central bank in the course of its forecasting of possible changes in purchasing power. - See two-pillar principle. - See the annex "Euro area statistics," section "Prices, output and labor markets" in the respective ECB Monthly Bulletin; there broken down by various groups and both at current prices and price-adjusted; ECB Monthly Bulletin of April 2004, p. 42 f., Deutsche Bundesbank Monthly Bulletin of December 2007, p.: 28 f. (basic information on uncertainties in forecasting). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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