• Swiss retail sales rose less than expected on year

Market news

1 October 2018

Swiss retail sales rose less than expected on year

Turnover in the retail sector rose by 1.1% in nominal terms in August 2018 compared with the previous year. Seasonally adjusted, nominal turnover rose by 0.3% compared with the previous month. These are the provisional findings from the Federal Statistical Office (FSO).

Real turnover in the retail sector also adjusted for sales days and holidays rose by 0.4% in August 2018 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 0.3%.

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