01.07.2019 – Turnover in the retail sector fell by 1.6% in nominal terms in May 2019 compared with the previous year. Seasonally adjusted, nominal turnover fell by 1.5% 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 1.7% in May 2019 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 1.3%.
Retail sector excluding service stations Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.7% decrease in nominal turnover in May 2019 compared with May 2018 (in real terms -1.9%). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 2.6% (in real terms -2.9%), whereas the non-food sector registered a nominal negative of 1.0% (in real terms -0.8%). Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 1.5% compared with the previous month (in real terms -1.4%). Retail sales of food, drinks and tobacco registered a nominal minus of 2.8% (in real terms -2.5%). The non-food sector showed a minus of 1.0% (in real terms -0.9%). |
Switzerland Retail Sales YoY, May 2019(see more posts on Switzerland Retail Sales, ) Source: Investing.com - Click to enlarge |
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