Press release

Retail trade turnover in April 2023 Swiss retail trade turnover fell by 1.3% in April 2023

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Swiss retail trade turnover fell by 0.3% in May 2024

31.05.2023 - Turnover adjusted for sales days and holidays fell in the retail sector by 1.3% in nominal terms in April 2023 compared with the previous year. Seasonally adjusted, nominal turnover fell by 2.0% 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 3.7% in April 2023 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 2.0%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.2% decrease in nominal turnover in April 2023 compared with April 2022 (in real terms -3.7%). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 0.3% (in real terms -4.8%), whereas the non-food sector registered a nominal negative of 1.6% (in real terms -2.8%).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 2.4% compared with the previous month (in real terms -2.4%). Retail sales of food, drinks and tobacco registered a nominal minus of 1.9% (in real terms -1.7%). The non-food sector showed a minus of 2.3% (in real terms -1.8%).

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Swiss retail trade turnover fell by 1.3% in April 2023
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Retail trade turnover in April 2023


 

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