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Swiss Retail Sales, December 2019: -0.4 percent Nominal and 0.1 percent Real

31.01.2020 – Turnover adjusted for sales days and holidays fell in the retail sector by 0.4% in nominal terms in December 2019 compared with the previous year. Seasonally adjusted, nominal turnover fell by 0.4% 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 0.1% in December 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 0.4%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.2% increase in nominal turnover in December 2019 compared with December 2018 (in real terms +0.7%). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 0.6% (in real terms –0.3%), whereas the non-food sector registered a nominal plus of 0.8% (in real terms +1.6%).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 0.5% compared with the previous month (in real terms –0.5%). Retail sales of food, drinks and tobacco registered a nominal minus of 1.3% (in real terms –1.7%). The non-food sector showed a minus of 0.1% (in real terms –0.2%).

Switzerland Retail Sales YoY, December 2019

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Switzerland Retail Sales YoY, December 2019

Source: investing.com - Click to enlarge

Download press release: Swiss retail turnover reported declining turnover figures in December 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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