Swiss retail trade figures rose in May 2021

Turnover adjusted for sales days and holidays rose in the retail sector by 2.3 % in nominal terms in May 2021 compared with the previous year. Seasonally adjusted, nominal turnover fell by 1.9 % 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 2.8 % in May 2021 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 1.8 %.
Changes in the sectors
Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.0 % increase in nominal turnover in May 2021 compared with May 2020 (in real terms +1.8%). Service stations recorded a nominal turnover increase of 21.3% (in real terms +1.9 %).
Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 4.7 % (in real terms –3.1 %), whereas the non-food sector registered a nominal plus of 8.0 % (in real terms +7.9 %). Nearly all sectors in the non-food sector saw increases, in particular “other goods (clothing, chemists, watches and jewellery)” (+18.4 %; in real terms + 19.5 %. This was followed by the sectors “information and communication equipment” (+7.5 %; in real terms +14.7 %), “cultural and recreation goods in specialised stores” (+7.3 %; in real terms +6.2 %) and “market stalls, retail sale via mail order houses or via internet” (3.5 %; in real terms +4.4 %). The sector “other household equipment, textiles, DIY and furniture” in particular, showed losses (–3.0 %; in real terms –5.6 %).
Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 2.4 % compared with the previous month (in real terms –2.4 %). Retail sales of food, drinks and tobacco registered a nominal minus of 3.0 % (in real terms –2.7 %). The non-food sector showed a minus of 2.9 % (in real terms –3.0 %).
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