Monday , December 23 2024
Home / SNB & CHF / Swiss Retail Sales, November 2020: 1.0 percent Nominal and 1.7 percent Real

Swiss Retail Sales, November 2020: 1.0 percent Nominal and 1.7 percent Real

Summary:
07.01.2021 – Turnover adjusted for sales days and holidays rose in the retail sector by 1.0% in nominal terms in November 2020 compared with the previous year. Seasonally adjusted, nominal turnover fell by 2.4% compared with the previous month. These are the provisional findings from the Federal Statistical Office (FSO). Real turnover adjusted for sales days and holidays rose in the retail sector by 1.7% in November 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 2.0%. Retail sector excluding service stations Adjusted for sales days and holidays, the retail sector excluding service stations showed a 2.7% increase in

Topics:
Swiss Statistics considers the following as important: , , , ,

This could be interesting, too:

Nachrichten Ticker - www.finanzen.ch writes Krypto-Ausblick 2025: Stehen Bitcoin, Ethereum & Co. vor einem Boom oder Einbruch?

Connor O'Keeffe writes The Establishment’s “Principles” Are Fake

Per Bylund writes Bitcoiners’ Guide to Austrian Economics

Ron Paul writes What Are We Doing in Syria?

07.01.2021 – Turnover adjusted for sales days and holidays rose in the retail sector by 1.0% in nominal terms in November 2020 compared with the previous year. Seasonally adjusted, nominal turnover fell by 2.4% compared with the previous month. These are the provisional findings from the Federal Statistical Office (FSO).

Real turnover adjusted for sales days and holidays rose in the retail sector by 1.7% in November 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 2.0%.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 2.7% increase in nominal turnover in November 2020 compared with November 2019 (in real terms +3.2%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 8.3% (in real terms +7.7%), whereas the non-food sector registered a nominal negative of 1.7% (in real terms -0.4%).

Switzerland Retail Sales YoY, November 2020

(see more posts on Switzerland Retail Sales, )
Swiss Retail Sales, November 2020: 1.0 percent Nominal and 1.7 percent Real

Source: investing.com - Click to enlarge

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 -2.1%). Retail sales of food, drinks and tobacco registered a nominal minus of 0.3% (in real terms +0.1%). The non-food sector showed a minus of 3.2% (in real terms -2.7%).

Download press release: Turnover in the Swiss retail sector increased by 1% in November


Tags: ,,

Swiss Retail Sales, November 2020: 1.0 percent Nominal and 1.7 percent RealDon’t miss posts anymore!
Subscribe to our newsletter!

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.

Leave a Reply

Your email address will not be published. Required fields are marked *