Previous post Next post

Swiss Retail Sales, June 2020: 0.4 percent Nominal and 1.1 percent Real

 

31.07.2020 – Turnover adjusted for sales days and holidays rose in the retail sector by 0.4% in nominal terms in June 2020 compared with the previous year. Seasonally adjusted, nominal turnover fell by 3.6% 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 1.1% in June 2020 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 3.8%.

Sectors continue to show varying trends

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 2.4% increase in nominal turnover in June 2020 compared with June 2019 (in real terms +2.9%). Service stations continued to lose turnover with nominal losses of –22.2% (-7.3% in real terms).

Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 6.8% (in real terms +5.7%), whereas the non-food sector registered a nominal negative of 1.4% (in real terms +0.1%). The sectors “other household equipment, textiles, DIY and furniture” (+17.6%, in real terms +19.7%), “information and communication equipment” (+33.6%, in real terms + 43.8%) and “market stalls, retail sale via mail order houses or via internet” (+12.7%, in real terms + 13.8%) maintained their high turnover increases. Turnover in the sectors “other goods (clothing, chemists, watches and jewellery)” (–12.3%; in real terms –11.7%) fell again, although with the smallest minus since March.

Switzerland Retail Sales YoY, June 2020

(see more posts on Switzerland Retail Sales, )
Switzerland Retail Sales YoY, June 2020

Source: investing.com - Click to enlarge

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 4.2% compared with the previous month (in real terms –4.4%). Retail sales of food, drinks and tobacco registered a nominal minus of 9.5% (in real terms –10.1%). The non-food sector showed a plus of 2.3% (in real terms +2.4%).

Download press release: Swiss retail trade turnover rose in June 2020

Full story here Are you the author?
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.
Previous post See more for 2.) Swiss Statistics - Press Releases Next post
Tags: ,

🤞 Don’t miss posts anymore!
Subscribe to our newsletter!

Permanent link to this article: https://snbchf.com/2020/08/statistics-swiss-retail-trade-june-2020/

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.