by 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
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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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