Swiss retail trade turnover remains unchanged in May 2022

Nominal retail trade turnover adjusted for sales days and holidays remained stable in May 2022 compared with the same month of the previous year with a rate of change of 0.0%. Seasonally adjusted, nominal turnover rose by 1.6% 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 1.6 % in May 2022 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 1.1 %.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.4 % decrease in nominal turnover in May 2022 compared with May 2021 (in real terms –2.7 %). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 5.3 % (in real terms –6.5 %), whereas the non-food sector registered a nominal plus of 2.4 % (in real terms +0.8 %).

Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 1.4 % compared with the previous month (in real terms +0.9 %). Retail sales of food, drinks and tobacco registered a plus of 0.6 % (in real terms 0.0 %). The non-food sector showed a plus of 2.5 % (in real terms +1.9 %).

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