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Swiss Retail Sales, October 2021: +0.6 percent Nominal and +1.2 percent Real

 

02.12.2021 – Turnover adjusted for sales days and holidays rose in the retail sector by 0.6% in nominal terms in October 2021 compared with the previous year. Seasonally adjusted, nominal turnover rose by 0.5% 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 1.2% in October 2021 compared with the previous year. Real growth takes inflation into consideration. Compared with the previous month, real, seasonally adjusted retail trade turnover registered an increase of 0.7%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.0% decrease in nominal turnover in October 2021 compared with October 2020 (in real terms –0.1%). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 4.3% (in real terms –2.8%), whereas the non-food sector registered a nominal plus of 2.2% (in real terms +2.3%).

Switzerland Retail Sales YoY, October 2021

Switzerland Retail Sales YoY, October 2021

Source: investing.com - Click to enlarge

Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 0.8% compared with the previous month (in real terms +0.9%). Retail sales of food, drinks and tobacco registered a plus of 1.1% (in real terms +1.2%). The non-food sector showed a minus of 0.2% (in real terms 0.0%).

Download press release: Swiss retail trade turnover rose in October 2021

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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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