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POWER STAT: The calculation of GfK Retail Purchasing Power for Germany takes into account expenditures on groceries and luxury food items; clothing; shoes and household items — including furniture, flooring, household electrical appliances, textiles, gardening articles and cleaning supplies — health and body-care items; education; entertainment (e.g., TVs, radios, books, photography supplies, magazines, toys and sporting goods), and personal effects (watches, jewelry, etc.). Purchases related to cars, fuel, services and repairs are not taken into account. GfK is a market research firm based in Nuremberg, Germany.
WWD converted euros into dollars at the exchange rate of 1 euro to $1.33; click on the graphic to enlarge.
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