Swiss retail trade turnover increased by 4.8 % in January 2022

Turnover adjusted for sales days and holidays rose in the retail sector by 4.8 % in nominal terms in January 2022 compared with the previous year. Seasonally adjusted, nominal turnover fell by 0.2 % compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO). Swiss retail trade turnover increased by 4.8 % in January 2022. These are provisional findings from the Federal Statistical Office (FSO).

Real turnover adjusted for sales days and holidays rose in the retail sector by 5.1 % in January 2022 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 0.4 %.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 3.3 % increase in nominal turnover in January 2022 compared with January 2021 (in real terms +3.8 %). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 6.3 % (in real terms –5.3 %), whereas the non-food sector registered a nominal plus of 14.1 % (in real terms +14.1 %).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 0.2% compared with the previous month (in real terms –0.3 %). Retail sales of food, drinks and tobacco registered a nominal stagnation (in real terms+0.2 %). The non-food sector showed a minus of 0.7 % (in real terms –0.9 %).

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