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Retail trade turnover in January 2022 Swiss retail trade turnover increased by 4.8% in January 2022

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Swiss retail trade turnover fell by 0.4% in February 2024

28.02.2022 - Turnover adjusted for sales days and holidays rose in the retail sector by 4.8% in nominal terms in January 2022 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 rose in the retail sector by 5.1% in January 2022 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 0.4%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 3.3% increase in nominal turnover in January 2022 compared with January 2021 (in real terms +3.8%). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 6.3% (in real terms –5.3%), whereas the non-food sector registered a nominal plus of 14.1% (in real terms +14.1%).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 0.2% compared with the previous month (in real terms –0.3%). Retail sales of food, drinks and tobacco registered a nominal stagnation (in real terms+0.2%). The non-food sector showed a minus of 0.7% (in real terms –0.9%).

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