• Swiss retail sales growth accelerated in July

Notícias do Mercado

31 agosto 2020

Swiss retail sales growth accelerated in July

According to the report from Federal Statistical Office (FSO), turnover adjusted for sales days and holidays rose in the retail sector by 3.4% in nominal terms in July 2020 compared with the previous year. Seasonally adjusted, nominal turnover rose by 0.7% compared with the previous month. 

Real turnover adjusted for sales days and holidays rose in the retail sector by 4.1% in July 2020 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 0.7%.

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 5.0% increase in nominal turnover in July 2020 compared with July 2019 (in real terms +5.6%). Turnover at service stations continued its decline at –15.9% in nominal terms (–1.9% in real terms).

Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 8.8% (in real terms +7.9%), whereas the non-food sector registered a nominal plus of 1.4% (in real terms +3.0%). The sectors “other household equipment, textiles, DIY and furniture” (+16.2%: +17.1% in real terms) and “market stalls, retail sale via mail order houses or via internet” (+13.7%; in real terms +14.5%) saw the largest gains. In contrast, the sectors “Cultural and recreation goods in specialised stores” (–8.8%; in real terms –9.9%) and “others goods (clothing, chemists, watches and jewellery)” (–15%; in real terms –0.7%) continued to show negative figures.

Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 0.8% compared with the previous month (in real terms +0.8%). Retail sales of food, drinks and tobacco registered a plus of 0.7% (in real terms +1.2%). The non-food sector showed a plus of 0.3% (in real terms +0.2%).

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