Retail trade turnover in October 2022 Swiss retail trade turnover remains unchanged in October 2022
Swiss retail trade turnover increased by 0.7% in January 2023
01.12.2022 - Turnover adjusted for sales days and holidays registered a stagnation in the retail sector in October 2022 compared with the previous year. Seasonally adjusted, nominal turnover fell by 2.7% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).
Real turnover adjusted for sales days and holidays fell in the retail sector by 2.5% in October 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 2.7%.
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 October 2022 compared with October 2021 (in real terms -2.9%). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 0.3% (in real terms -3.7%), whereas the non-food sector registered a nominal negative of 0.5% (in real terms -2.2%).
Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 2.7% compared with the previous month (in real terms -2.8%). Retail sales of food, drinks and tobacco registered a nominal minus of 1.2% (in real terms -1.9%). The non-food sector showed a minus of 3.5% (in real terms -3.7%).
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Swiss retail trade turnover remains unchanged in October 2022
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