Medienmitteilung

Retail trade turnover in October 2016 Swiss retail trade turnover falls by 0.9%

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Swiss retail trade turnover fell by 0.8% in March 2024

Neuchâtel, 01.12.2016 (FSO) - Turnover in the retail sector fell by 0.9% in nominal terms in October 2016 compared with the previous year. This decline has been ongoing since January 2015. Seasonally adjusted, nominal turnover rose by 1.3% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).

Real turnover in the retail sector also adjusted for sales days and holidays fell by 0.5% in October 2016 compared with the previous year. Real growth takes inflation into consideration. Compared with the previous month, real, seasonally adjusted retail trade turnover registered an increase of 1.2%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.0% decrease in nominal turnover in October 2016 compared with October 2015 (in real terms -0.6%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 0.1% (in real terms -0.4%), whereas the non-food sector registered a nominal negative of 1.8% (in real terms -0.6%).

Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 1.3% compared with the previous month (in real terms +1.2%). Retail sales of food, drinks and tobacco registered a nominal minus of 0.1% (in real terms -0.4%). The non-food sector showed a plus of 2.5% (in real terms +2.8%).