Turnover adjusted for sales days and holidays rose in the retail sector by 0.9% in nominal terms in May 2023 compared with the previous year. Seasonally adjusted, nominal turnover rose by 2.3% 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 1.1% in May 2023 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 2.1%.
Retail sector excluding service stations
Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.7% increase in nominal turnover in May 2023 compared with May 2022 (in real terms -0.5%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 3.9% (in real terms -0.3%), whereas the non-food sector registered a nominal negative of 0.3% (in real terms -1.4%).
Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 2.6% compared with the previous month (in real terms +2.4%). Retail sales of food, drinks and tobacco registered a plus of 3.0% (in real terms +2.1%). The non-food sector showed a plus of 2.3% (in real terms +2.2%).
Source: Admin.ch