02.09.2024 - Turnover adjusted for sales days and holidays rose in the retail sector by 1.5% in nominal terms in July 2024 compared with the previous year. Seasonally adjusted, nominal turnover rose by 2.0% 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 2.7% in July 2024 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 1.4%.
Retail sector excluding service stations
Adjusted for sales days and holidays, the retail sector excluding service stations showed a 1.6% increase in nominal turnover in July 2024 compared with July 2023 (in real terms +2.9%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 2.4% (in real terms +2.3%), whereas the non-food sector registered a nominal plus of 0.8% (in real terms +3.1%).
Excluding service stations, the retail sector showed a seasonally adjusted increase in nominal turnover of 2.1% compared with the previous month (in real terms +1.6%). Retail sales of food, drinks and tobacco registered a plus of 3.0% (in real terms +2.2%). The non-food sector showed a plus of 1.3% (in real terms +1.4%).
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Swiss retail trade turnover rose by 1.5% in July
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Retail trade turnover in July 2024
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