| 01.07.2021 – Turnover adjusted for sales days and holidays rose in the retail sector by 2.3% in nominal terms in May 2021 compared with the previous year. Seasonally adjusted, nominal turnover fell by 1.9% 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 2.8% in May 2021 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 1.8%. |
Switzerland Retail Sales YoY, May 2021(see more posts on Switzerland Retail Sales, ) Source: Investing.com - Click to enlarge |
Changes in the sectors
Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.0% increase in nominal turnover in May 2021 compared with May 2020 (in real terms +1.8%). Service stations recorded a nominal turnover increase of 21.3% (in real terms +1.9%).
Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 4.7% (in real terms –3.1%), whereas the non-food sector registered a nominal plus of 8.0% (in real terms +7.9%). Nearly all sectors in the non-food sector saw increases, in particular “other goods (clothing, chemists, watches and jewellery)” (+18.4%; in real terms + 19.5. This was followed by the sectors “information and communication equipment” (+7.5%; in real terms +14.7%), “cultural and recreation goods in specialised stores” (+7.3%; in real terms +6.2%) and “market stalls, retail sale via mail order houses or via internet” (3.5%; in real terms +4.4%). The sector “other household equipment, textiles, DIY and furniture” in particular, showed losses (–3.0%; in real terms –5.6%).
Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 2.4% compared with the previous month (in real terms –2.4%). Retail sales of food, drinks and tobacco registered a nominal minus of 3.0% (in real terms –2.7%). The non-food sector showed a minus of 2.9% (in real terms –3.0%).
Download press release Swiss retail trade figures rose in May 2021
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