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Swiss Retail Sales, June 2021: -0.4 percent Nominal and +0.1 percent Real

02.08.2021 – Turnover adjusted for sales days and holidays fell in the retail sector by 0.4% in nominal terms in June 2021 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 0.1% in June 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 3.5%.

Switzerland Retail Sales YoY, June 2021

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Switzerland Retail Sales YoY, June 2021

Source: investing.com - Click to enlarge

 

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.4% decrease in nominal turnover in June 2021 compared with June 2020 (in real terms –0.5%). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 4.4% (in real terms –2.1%), whereas the non-food sector registered a nominal plus of 1.5% (in real terms +1.2%).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 3.9% compared with the previous month (in real terms –3.8%). Retail sales of food, drinks and tobacco registered a nominal minus of 4.2% (in real terms –4.0%). The non-food sector showed a minus of 3.7% (in real terms –3.8%).

Download press release: Swiss retail trade turnover fell in June by 0.4% in nominal terms

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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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