Swiss retail trade turnover falls in April 2022 by 5.1 %

 

Real turnover adjusted for sales days and holidays fell in the retail sector by 6.0 % in April 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 1.2 %.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 6.5 % decrease in nominal turnover in April 2022 compared with April 2021 (in real terms –7.1 %). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 10.0 % (in real terms –9.9 %), whereas the non-food sector registered a nominal negative of 3.8 % (in real terms –5.1 %).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 0.9 % compared with the previous month (in real terms –1.0 %). Retail sales of food, drinks and tobacco registered a nominal minus of 1.4 % (in real terms –1.6 %). The non-food sector showed a minus of 0.5 % (in real terms –0.7 %).

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