Press release

Retail trade turnover in December 2023 Swiss retail trade turnover rose in December 2023 by 0.1%

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Swiss retail trade turnover fell by 0.4% in February 2024

31.1.2024 - Turnover adjusted for sales days and holidays rose in the retail sector by 0.1% in nominal terms in December 2023 compared with the previous year. Seasonally adjusted, nominal turnover fell by 0.6% compared with the previous month. A nominal minus of 0.1% was registered for 2023 (in real terms -2.0%). These are provisional findings from the Federal Statistical Office (FSO).

Real turnover adjusted for sales days and holidays fell in the retail sector by 0.8% in December 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 0.6%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.3% increase in nominal turnover in December 2023 compared with December 2022 (in real terms -0.7%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 1.5% (in real terms -1.1%), whereas the non-food sector registered a nominal negative of 0.8% (in real terms -0.7%).

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 -0.6%). Retail sales of food, drinks and tobacco registered a nominal minus of 1.7% (in real terms -1.4%). The non-food sector showed a minus of 0.6% (in real terms -0.8%).

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Swiss retail trade turnover rose in December 2023 by 0.1%
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Retail trade turnover in December 2023


 

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