Swiss retail trade turnover rose slightly in October 2019

Real turnover adjusted for sales days and holidays rose in the retail sector by 0.7 % in October 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 1.0 %.

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 October 2019 compared with October 2018 (in real terms +1.1 %). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 1.6% (in real terms -0.9 %), whereas the non-food sector registered a nominal plus of 2.2 % (in real terms +2.8 %).

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 +1.1 %). Retail sales of food, drinks and tobacco registered a nominal minus of 0.5 % (in real terms -0.1 %). The non-food sector showed a plus of 1.4 % (in real terms +1.5 %).