03.12.2018 – Turnover in the retail sector rose by 1.2% in nominal terms in October 2018 compared with the previous year. Seasonally adjusted, nominal turnover rose by 1.9% 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 rose by 0.8% in October 2018 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 1.9%.
Retail sector excluding service stationsAdjusted for sales days and holidays, the retail sector excluding service stations showed a 1.0% increase in nominal turnover in October 2018 compared with October 2017 (in real terms +0.8%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 1.5% (in real terms +0.1%), whereas the non-food sector registered a nominal plus of 0.3% (in real terms +0.7%). Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 2.0% compared with the previous month (in real terms +2.0%). Retail sales of food, drinks and tobacco registered a plus of 1.3% (in real terms +1.0%). The non-food sector showed a plus of 2.6% (in real terms +2.7%). |
Switzerland Retail Sales YoY, October 2018(see more posts on Switzerland Retail Sales, ) Source: Investing.com - Click to enlarge |
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