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Swiss Retail Sales, October 2019: +0.1 percent Nominal and +0.9 percent Real

02.12.2019 – Turnover adjusted for sales days and holidays rose in the retail sector by 0.1% in nominal terms in October 2019 compared with the previous year. Seasonally adjusted, nominal turnover rose by 0.9% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).

Real turnover adjusted for sales days and holidays rose in the retail sector by 0.7% in October 2019 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 1.0%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.5% increase in nominal turnover in October 2019 compared with October 2018 (in real terms +1.1%). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 1.6% (in real terms -0.9%), whereas the non-food sector registered a nominal plus of 2.2% (in real terms +2.8%).

Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 0.8% compared with the previous month (in real terms +1.1%). Retail sales of food, drinks and tobacco registered a nominal minus of 0.5% (in real terms -0.1%). The non-food sector showed a plus of 1.4% (in real terms +1.5%).

Switzerland Retail Sales YoY, October 2019

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Switzerland Retail Sales YoY, October 2019

Source: investing.com - Click to enlarge

Download press release: Swiss retail trade turnover rose slightly in October 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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