July 29 2022

Swiss retail trade turnover rises in June

Source: Federal Statistical Office

Turnover adjusted for sales days and holidays rose in the retail sector by 3.2% in nominal terms in June 2022 compared with the previous year. Seasonally adjusted, nominal turnover rose by 0.1% 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 1.2% in June 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 0.1%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.8% increase in nominal turnover in June 2022 compared with June 2021 (in real terms +0.3%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 0.2% (in real terms
-1.7%), whereas the non-food sector registered a nominal plus of 3.4% (in real terms +1.8%).

Excluding service stations, the retail sector showed a seasonally adjusted stagnation in nominal turnover compared with the previous month (in real terms +0.1%). Retail sales of food, drinks and tobacco registered a plus of 0.6% (in real terms +0.6%). The non-food sector showed a minus of 1.6% (in real terms -1.4%).

 

You can find further information in theĀ press release.