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Swiss Retail Sales, August 2019: +1.3 percent Nominal and -1.4 percent Real

 

01.10.2019 – Turnover adjusted for sales days and holidays rose in the retail sector by 1.3% in nominal terms in August 2019 compared with the previous year. Seasonally adjusted, nominal turnover fell by 1.6% 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 1.4% in August 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 1.6%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.7% decrease in nominal turnover in August 2019 compared with August 2018 (in real terms –0.9%). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 0.4% (in real terms –0.8%), whereas the non-food sector registered a nominal negative of 1.2% (in real terms
–1.0%).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 1.4% compared with the previous month (in real terms –1.5%). Retail sales of food, drinks and tobacco registered a nominal minus of 1.0% (in real terms –1.0%). The non-food sector showed a minus of 2.1% (in real terms –2.1%).

Switzerland Retail Sales YoY, August 2019

(see more posts on Switzerland Retail Sales, )
Switzerland Retail Sales YoY, August 2019

Source: investing.com - Click to enlarge

Download press release: Swiss retail trade fell in August 2019

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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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