Retail trade turnover in August 2022 Swiss retail trade turnover rose in August 2022 by 5.4%
Swiss retail trade turnover fell by 0.4% in February 2024
30.09.2022 - Retail trade turnover adjusted for sales days and holidays grew by 5.4% in nominal terms in August 2022 compared with the same month of the previous year, with price increases driving this growth. Seasonally adjusted, nominal turnover rose by 1.5% 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 3.0% in August 2022 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 1.2%.
Retail sector excluding service stations
Adjusted for sales days and holidays, the retail sector excluding service stations showed a 4.6% increase in nominal turnover in August 2022 compared with August 2021 (in real terms +2.6%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 2.6% (in real terms +0.4%), whereas the non-food sector registered a nominal plus of 6.4% (in real terms +4.6%).
Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 1.6% compared with the previous month (in real terms +1.3%). Retail sales of food, drinks and tobacco registered a plus of 2.2% (in real terms +1.2%). The non-food sector showed a plus of 1.6% (in real terms +1.5%).
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Swiss retail trade turnover rose in August 2022 by 5.4%
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