Swiss retail trade turnover fell in February 2020

Turnover adjusted for sales days and holidays fell in the retail sector by 0.4% in nominal terms in February 2020 compared with the previous year. Seasonally adjusted, nominal turnover rose by 0.3% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).

Real turnover adjusted for sales days and holidays rose in the retail sector by 0.3 % in February 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 0.4 %.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.6% increase in nominal turnover in February 2020 compared with February 2019 (in real terms +1.3 %). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 3.9 % (in real terms +4.7 %), whereas the non-food sector registered a nominal negative of 2.4 % (in real terms –1.5 %).

Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 0.7 % compared with the previous month (in real terms +0.8 %). Retail sales of food, drinks and tobacco registered a plus of 2.9 % (in real terms +3.0 %). The non-food sector showed a minus of 1.0 % (in real terms –1.0 %).

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