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, ) 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
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