Ingo R. Titze Research & Consulting

Nominal food sales up 3.4 percent in 2008

July 28th, 2009: Nominal food sales up 3.4 percent in 2008

According to latest estimates by Nielsen, German food retailers increased sales by 3.4 percent to € 153.1 billion in nominal terms last year (2.7 percent in real terms). At discount stores, sales were up 7 percent, with the average German household spending almost € 1,300 in this segment. The overall inflation rate amounted to 2.6 percent. In the meantime, both manufacturers and retailers have stated that the first half of 2009 had been very stable. Premium products as well as price-entry ranges were favoured by most consumers, hinting once more at the phenomenon of market polarisation.

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Ingo R. Titze Research & Consulting is a member of the British Chamber of Commerce in Germany.

July 5, 2010: German market for consumer electronics to remain robust

Compared to the EU average, the German market for consumer electronics is expected to be fairly robust this year. According to estimates by industry association Bitkom, it might only see a small sales decrease by 0.4 per cent to 12.3 billion euro. Meanwhile, the overall EU market might decline by as much as 8.3 per cent to 54.1 billion euro. Particularly flat screen TVs are selling very well in Germany this year, with an expected rise by 2.9 per cent to 6.1 billion euro. Likewise, digital set-top-devices and BluRay players will see increasing sales. Germany is the largest country market for consumer electronics in the EU.

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