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Retail trade turnover in February 2023 Swiss retail trade turnover rose by 3.4% in February 2023

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Swiss retail trade turnover fell by 0.4% in February 2024

31.03.2023 - Turnover adjusted for sales days and holidays rose in the retail sector by 3.4% in nominal terms in February 2023 compared with the previous year. Seasonally adjusted, nominal turnover rose by 1.8% 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 2023 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 1.1%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 3.4% increase in nominal turnover in February 2023 compared with February 2022 (in real terms +0.2%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 2.5% (in real terms –2.9%), whereas the non-food sector registered a nominal plus of 4.3% (in real terms +2.5%).

Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 1.7% compared with the previous month (in real terms +1.1%). Retail sales of food, drinks and tobacco registered a plus of 0.5% (in real terms –0.1%). The non-food sector showed a plus of 3.0% (in real terms +3.1%).

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