Swiss retail trade turnover fell in June by 0.4% in nominal terms
Neuchâtel, 09.01.2017 (FSO) - Turnover in the retail sector rose by 0.2% in nominal terms in November 2016 compared with the previous year. This is the first increase since December 2014. Seasonally adjusted, nominal turnover rose by 0.4% 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 rose by 0.9% in November 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 0.7%.
Retail sector excluding service stations
Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.1% increase in nominal turnover in November 2016 compared with November 2015 (in real terms +0.8%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 0.3% (in real terms -0.2%), whereas the non-food sector registered zero growth (in real terms +2.0%).
Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 0.4% in November compared with the previous month (in real terms +0.9%). Retail sales of food, drinks and tobacco registered a plus of 0.1% (in real terms +0.2%). The non-food sector showed a plus of 1.0% (in real terms +1.9%).
Download press release