• Swiss retail trade turnover falls slightly in February

Market news

1 April 2019

Swiss retail trade turnover falls slightly in February

According to the report from Federal Statistical Office (FSO), turnover in the retail sector fell by 0.2% in nominal terms in February 2019 compared with the previous year. Seasonally adjusted, nominal turnover rose by 0.2% compared with the previous month.

Real turnover in the retail sector also adjusted for sales days and holidays fell by 0.2% in February 2019 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%.

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.1% decrease in nominal turnover in February 2019 compared with February 2018 (in real terms –0.2%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 0.8% (in real terms –0.5%), whereas the non-food sector registered a nominal negative of 1.1% (in real terms –0.5%).

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