Previous post Next post

Swiss Retail Sales, September 2020: 0.3 percent Nominal and 0.3 percent Real

 

30.10.2020 – Turnover adjusted for sales days and holidays rose in the retail sector by 0.3% in nominal terms in September 2020 compared with the previous year. Seasonally adjusted, nominal turnover fell by 3.6% compared with the previous month. These are some of the findings from the Federal Statistical Office (FSO).

Real turnover adjusted for sales days and holidays rose in the retail sector by 0.3% in September 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 3.6%.

Activity in the sectors

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.0% increase in nominal turnover in September 2020 compared with September 2019 (in real terms +1.5%). Turnover at service stations continued its decline at –15.1% in nominal terms (–3.8% in real terms).

Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 5.6% (in real terms +5.1%), whereas the non-food sector registered a nominal negative of 3.1% (in real terms –2.0%). The sectors “other household equipment, textiles, DIY and furniture” (+12.2%; +12.8% in real terms) and “market stalls, retail sale via mail order houses or via internet” (+9.5%; +10.1% in real terms) saw the largest gains. In contrast, the sectors “Cultural and recreation goods in specialised stores” (–9.5%; –11.0% in real terms) and “others goods (clothing, chemists, watches and jewellery)” (–9.2%; –8.5% in real terms) continued to show negative figures.

Switzerland Retail Sales YoY, September 2020

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

Source: investing.com - Click to enlarge

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 3.4% compared with the previous month (in real terms –3.3%). Retail sales of food, drinks and tobacco registered an increase the name and the nominal minus of 3.2% (in real terms -3.3%). The non-food sector showed a minus of 3.9% (in real terms –3.7%).


Download press release: Swiss retail trade turnover fell by 0.3% in September 2020

Full story here
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: ,

Permanent link to this article: https://snbchf.com/2020/10/statistics-swiss-retail-trade-turnover-3-september-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.