Retail trade turnover in January 2023 Swiss retail trade turnover increased by 0.7% in January 2023
Swiss retail trade turnover fell by 0.4% in February 2024
01.03.2023 - Turnover adjusted for sales days and holidays rose in the retail sector by 0.7% in nominal terms in January 2023 compared with the previous year. Seasonally adjusted, nominal turnover rose by 1.2% 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 2.2% in January 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 0.6%.
Retail sector excluding service stations
Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.4% increase in nominal turnover in January 2023 compared with January 2022 (in real terms –2.4%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 1.4% (in real terms –3.3%), whereas the non-food sector registered a nominal negative of 0.3% (in real terms –2.3%).
Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 1.1% compared with the previous month (in real terms +0.6%). Retail sales of food, drinks and tobacco registered a plus of 4.0% (in real terms +3.1%). The non-food sector showed a minus of 1.0% (in real terms –1.2%).
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Swiss retail trade turnover increased by 0.7% in January 2023
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