Press release

Retail trade turnover in February 2024 Swiss retail trade turnover fell by 0.4% in February 2024

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Swiss retail trade turnover fell by 0.3% in May 2024

02.04.2024 - Turnover adjusted for sales days and holidays fell in the retail sector by 0.4% in nominal terms in February 2024 compared with the previous year. Seasonally adjusted, nominal turnover fell by 0.2% 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 0.2% in February 2024 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 0.1%.

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 February 2024 compared with February 2023 (in real terms +0.2%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 0.7% (in real terms -0.4%), whereas the non-food sector registered zero growth (in real terms +1.1%).

Excluding service stations, the retail sector showed a seasonally adjusted stagnation in nominal turnover compared with the previous month (in real terms +0.1%). Retail sales of food, drinks and tobacco registered a plus of 0.4% (in real terms +0.4%). The non-food sector showed a plus of 0.2% (in real terms +0.5%).


 

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Swiss retail trade turnover fell by 0.4% in February 2024
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Retail trade turnover in February 2024


 

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