Retail trade turnover in January 2016: Swiss retail trade turnover falls by 1.3%

Summary:
01.03.2016 09:15  - FSO, Economic Surveys (0353-1602-20) Retail trade turnover in January 2016 Swiss retail trade turnover falls by 1.3% Neuchâtel, 01.03.2016 (FSO) – Turnover in the retail sector fell by 1.3% in nominal terms in January 2016 compared with the previous year. Seasonally adjusted, nominal turnover fell by 0.5% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO). Real turnover in the retail sector also adjusted for sales days and holidays rose by 0.2% in January 2016 compared with the previous year. The real growth takes inflation into consideration. Compared with the previous month, real, seasonally adjusted retail trade turnover fell by 0.3%. Retail sector excluding service stations Adjusted for sales days and holidays, the retail sector excluding service stations registered a 0.8% decrease in nominal turnover in January 2016 compared with January 2015 (in real terms +0.6%). Retail sales of food, drinks and tobacco registered a decrease in nominal turnover of 2.4% compared with January 2015 (in real terms -1.0%), whereas the non-food sector registered a nominal plus of 0.8% (in real terms +2.7%). Excluding service stations, the retail sector showed a seasonally adjusted decrease in nominal turnover of 0.3% compared with the previous month (in real terms -0.2%).

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

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