Retail industry turnover growth over the course of the year and in December 2008 Retail industry turnover growth of 4.3% in 2008

Neuchâtel, 17.02.2009 (FSO) - According to provisional results issued by the Federal Statistical Office (FSO), cumulative nominal turnover in the retail sector in 2008 rose by 4.3% compared to the previous year. Adjusted for sales days, the average increase was 3.9%. In real terms, i.e. adjusted for inflation, the annual growth was 2.9%. In 2007, nominal turnover was 3.6% above the 2006 level.

In December 2008, there was a nominal increase of 4.5% (real terms: +3.6%) compared to the corresponding month of the previous year. Adjusted for sales days, the nominal growth was 0.3% (real terms: -0.5%).

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Retail industry turnover growth of 4.3% in 2008
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Retail industry turnover growth in December 2008