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Germans Hit Supermarkets Amid Rise in Cases Despite No-Lockdown Pledge

Source: https://huq.io/indicators/germany-hits-supermarkets-amid-rise-in-cases/

Trips to Germany’s supermarkets are running at 31% above 2019 levels, continuing a trend that reached as high as 53% above year-on-year values in mid-August. This follows a previous rise in German supermarket shopping activity observed immediately prior to lockdown in March where levels exceeded 29% of their seasonal norm. This precedes a 49% rise in May as latent demand and hospitality restrictions combined to produce a pronounced post-lockdown rush.

This latest increase in supermarket shopping coincides with the start of a resurgence in cases around July 29th – but will this lead to scenes of supermarket shelves bereft of essentials as in March this year? As supermarkets like Morrisons in the UK take steps to ration staple items and US chains beef up their inventories in preparation for a second lockdown, German Health Minister Jens Spahn denies any second lockdown and reassures citizens that “the shops won’t close again”.

To learn more about the data behind this article and what Huq has to offer, visit https://huq.io/.

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LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us