Swiss retail trade turnover rises steeply in March
01.11.2019 - Turnover adjusted for sales days and holidays rose in the retail sector by 0.6% in nominal terms in September 2019 compared with the previous year. Seasonally adjusted, nominal turnover fell by 0.5% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).
Real turnover adjusted for sales days and holidays rose in the retail sector by 0.9% in September 2019 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 0.3%.
Retail sector excluding service stations
Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.3% increase in nominal turnover in September 2019 compared with September 2018 (in real terms +1.4%). Retail sales of food, drinks and tobacco registered an increase in nominal and real turnover of 0.3% whereas the non-food sector registered a nominal plus of 2.3% (in real terms +2.9%).
Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 0.6% compared with the previous month (in real terms –0.5%). Retail sales of food, drinks and tobacco registered a nominal minus of 0.5% (in real terms –0.6%). The non-food sector showed a minus of 0.3% (in real terms 0.0%).
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