German e-commerce sales hit by Ukraine war, high prices - industry

BERLIN – E-commerce gross sales in Germany fell by 6.7% yr on yr within the six-week interval from April 1 to Could 16 because the sector grappled with the results of the struggle in Ukraine and rising costs, an business physique mentioned on Thursday.

The influence was felt throughout all procuring clusters except for important items, reminiscent of meals and medicines, which bucked the development with a 4.1% improve in on-line gross sales, the BEVH e-commerce affiliation reported.

The most important losers in the course of the six-week interval included DIY and flowers, which dropped 15.2%; automobiles, motorbikes and associated equipment, down by 14.5% and digital items, which sank 14.4%, based on the info.

“We're presently seeing two results: a normalisation of gross sales in comparison with the highs of the earlier yr and a success from the struggle mixed with unsettled shoppers,” mentioned BEVH spokesperson Frank Duessler.

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