Swiss retail trade turnover declined by 0.2% in July

31.08.2023

 

Turnover adjusted for sales days and holidays fell in the retail sector by 0.2 % in nominal terms in July 2023 compared with the previous year. Seasonally adjusted, nominal turnover fell by 2.2 % compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).  

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.5% increase in nominal turnover in July 2023 compared with July 2022 (in real terms -1.8 %). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 2.7 % (in real terms -1.8 %), whereas the non-food sector registered a nominal negative of 1.0 % (in real terms -1.9 %).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 2.2% compared with the previous month (in real terms -2.4%). Retail sales of food, drinks and tobacco registered a nominal minus of 1.7% (in real terms -2.1%). The non-food sector showed a minus of 1.5% (in real terms -1.4%).

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.5 % increase in nominal turnover in July 2023 compared with July 2022 (in real terms -1.8 %). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 2.7 % (in real terms -1.8 %), whereas the non-food sector registered a nominal negative of 1.0% (in real terms -1.9 %).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 2.2% compared with the previous month (in real terms -2.4%). Retail sales of food, drinks and tobacco registered a nominal minus of 1.7 % (in real terms -2.1 %). The non-food sector showed a minus of 1.5 % (in real terms -1.4 %).

www.statistics.admin.ch