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Swiss Retail Sales, July 2018: +0.3 percent Nominal and -0.3 percent Real

Neuchâtel, 3 September 2018 (FSO) – Turnover in the retail sector rose by 0.3% in nominal terms in July 2018 compared with the previous year. Seasonally adjusted, nominal turnover fell by 0.9% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).

Real turnover in the retail sector also adjusted for sales days and holidays fell by 0.3% in July 2018 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 1.0%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.3% increase in nominal turnover in July 2018 compared with July 2017 (in real terms 0.0%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 1.4% (in real terms -0.1%), whereas the non-food sector registered a nominal negative of 0.5% (in real terms +0.1%).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 0.8% compared with the previous month (in real terms -0.8%). Retail sales of food, drinks and tobacco registered a nominal minus of 1.2% (in real terms -1.2%). The non-food sector showed a minus of 0.1% (in real terms +0.1%).

Switzerland Retail Sales YoY, July 2018

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Switzerland Retail Sales YoY, July 2018

Source: investing.com - Click to enlarge

Download press release: Swiss retail trade turnover rises in July 2018

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Swiss Statistics
The Swiss Federal Statistics Office publishes information on the situation and developments in Switzerland in a multitude of fields and plays a part in enabling comparisons at an internal level.
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