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Retail trade turnover in February 2020 Swiss retail trade turnover fell in February 2020

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Swiss retail trade turnover fell by 0.3% in September 2020

31.03.2020 - Turnover adjusted for sales days and holidays fell in the retail sector by 0.4% in nominal terms in February 2020 compared with the previous year. Seasonally adjusted, nominal turnover rose by 0.3% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).

Real turnover adjusted for sales days and holidays rose in the retail sector by 0.3% in February 2020 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 0.4%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.6% increase in nominal turnover in February 2020 compared with February 2019 (in real terms +1.3%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 3.9% (in real terms +4.7%), whereas the non-food sector registered a nominal negative of 2.4% (in real terms –1.5%).

Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 0.7% compared with the previous month (in real terms +0.8%). Retail sales of food, drinks and tobacco registered a plus of 2.9% (in real terms +3.0%). The non-food sector showed a minus of 1.0% (in real terms –1.0%).


 

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Swiss retail trade turnover fell in February 2020
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