Swiss retail trade posted negative figures in January 2020

Turnover adjusted for sales days and holidays rose in the retail sector by 0.6 % in nominal terms in January 2020 compared with the previous year. Seasonally adjusted, nominal turnover fell by 0.6 % compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).

Real turnover adjusted for sales days and holidays fell in the retail sector by 0.1 % in January 2020 compared with the previous year. Real growth takes inflation into consideration. Compared with the previous month, real, seasonally adjusted retail trade turnover registered a decline of 0.6%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.6 % decrease in nominal turnover in January 2020 compared with January 2019 (in real terms –0.1 %). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 0.7 % (in real terms –0.1 %), whereas the non-food sector registered a nominal negative of 0.8 % (in real terms +0.2 %).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 1.0 % compared with the previous month (in real terms –0.8 %). Retail sales of food, drinks and tobacco registered a nominal minus of 0.5 % (in real terms –0.2 %). The non-food sector showed a minus of 1.3 % (in real terms –0.9 %).

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