Press release

Retail trade turnover Swiss retail trade turnover fell in January 2017

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Swiss retail trade turnover rose in January 2024 by 0.6%

Neuchâtel, 02.03.2017 (FSO) - Turnover in the retail sector fell by 2.0% in nominal terms in January 2017 compared with the previous year. Seasonally adjusted, nominal turnover rose by 0.6% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).

Real turnover in the retail sector also adjusted for sales days and holidays fell by 1.4% in January 2017 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 2.5% decrease in nominal turnover in January 2017 compared with January 2016 (in real terms -1.8%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 0.2% (in real terms -0.5%), whereas the non-food sector registered a nominal negative of 4.7% (in real terms -2.8%).

Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 0.7% compared with the previous month (in real terms +0.9%). Retail sales of food, drinks and tobacco registered an increase in real turnover of 6.8% (in nominal terms +6.7%). The non-food sector registered positive growth of 0.4% (in nominal terms -0.2%).


 

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Swiss retail trade turnover fell in January 2017
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Retail trade turnover in January 2017


 

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