Medienmitteilung

Retail trade turnover in March 2024 Swiss retail trade turnover fell by 0.8% in March 2024

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Swiss retail trade turnover fell by 0.3% in May 2024

02.05.2024 - Turnover adjusted for sales days and holidays fell in the retail sector by 0.8% in nominal terms in March 2024 compared with the previous year. Seasonally adjusted, nominal turnover fell by 0.7% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).

Real turnover adjusted for sales days and holidays fell in the retail sector by 0.1% in March 2024 compared with the previous year. Real growth takes inflation into consideration. Compared with the previous month, real, seasonally adjusted retail trade turnover registered a decline of 0.4%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.7% decrease in nominal turnover in March 2024 compared with March 2023 (in real terms 0.0%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 0.8% (in real terms +0.7%), whereas the non-food sector registered a nominal negative of 2.6% (in real terms -1.2%).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 0.8% compared with the previous month (in real terms -0.5%). Retail sales of food, drinks and tobacco registered a plus of 0.2% (in real terms +0.4%). The non-food sector showed a minus of 2.3% (in real terms -2.1%).

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Swiss retail trade turnover fell by 0.8% in March 2024
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