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Retail trade turnover in December 2022 Swiss retail trade turnover fell in December by 0.2% - 2022 as a whole registered an increase of 1.8%

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Swiss retail trade turnover rose by 1.5% in July

31.01.2023 - Turnover adjusted for sales days and holidays fell in the retail sector by 0.2% in nominal terms in December 2022 compared with the previous year. Seasonally adjusted, nominal turnover fell by 1.7% compared with the previous month. A nominal plus of 1.8% was registered for 2022 (in real terms +0.2%). These are provisional findings from the Federal Statistical Office (FSO).

Real turnover adjusted for sales days and holidays fell in the retail sector by 2.8% in December 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 1.7%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.6% decrease in nominal turnover in December 2022 compared with December 2021 (in real terms –3.0%). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 2.8% (in real terms –6.2%), whereas the non-food sector registered a nominal plus of 1.4% (in real terms –0.6%).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 1.6% compared with the previous month (in real terms –1.6%). Retail sales of food, drinks and tobacco registered a nominal minus of 3.5% (in real terms –3.4%). The non-food sector showed a minus of 0.4% (in real terms –0.8%).

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