Retail trade turnover in March 2017 Swiss retail trade turnover increases in March 2017
Swiss retail trade turnover rises in October
Neuchâtel, 01.05.2017 (FSO) - Turnover in the retail sector rose by 1.8% in nominal terms in March 2017 compared with the previous year. This is the sharpest increase since June 2014. Seasonally adjusted, nominal turnover rose by 0.6% 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 2.1% in March 2017 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 1.5% increase in nominal turnover in March 2017 compared with March 2016 (in real terms +2.1%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 1.0% (in real terms +0.8%), whereas the non-food sector registered a nominal plus of 2.3% (in real terms +4.1%).
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