by 01.04.2021 – Turnover adjusted for sales days and holidays rose in the retail sector by 6.9% in nominal terms in February 2021 compared with the previous year. Seasonally adjusted, nominal turnover fell by 5.5% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO). Real turnover adjusted for sales days and holidays fell in the retail sector by 6.3% in February 2021 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 5.2%. Retail sector excluding service stations Adjusted for sales days and holidays, the retail sector excluding service stations showed a 6.8% decrease in nominal
Topics:
Swiss Statistics considers the following as important: 2) Swiss and European Macro, 2.) Swiss Statistics - Press Releases, Featured, newsletter
This could be interesting, too:
Frank Shostak writes Assumptions in Economics and in the Real World
Conor Sanderson writes The Betrayal of Free Speech: Elon Musk Buckles to Government Censorship, Again
Nachrichten Ticker - www.finanzen.ch writes Bitcoin erstmals über 80.000 US-Dollar
Nachrichten Ticker - www.finanzen.ch writes Kraken kündigt eigene Blockchain ‘Ink’ an – Neue Ära für den Krypto-Markt?
01.04.2021 – Turnover adjusted for sales days and holidays rose in the retail sector by 6.9% in nominal terms in February 2021 compared with the previous year. Seasonally adjusted, nominal turnover fell by 5.5% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).
| Real turnover adjusted for sales days and holidays fell in the retail sector by 6.3% in February 2021 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 5.2%.
Retail sector excluding service stations Adjusted for sales days and holidays, the retail sector excluding service stations showed a 6.8% decrease in nominal turnover in February 2021 compared with February 2020 (in real terms –6.2%). The result for service stations was a loss of turnover of 8.2% (in real terms –6.9%). While retail sales of food, drinks and tobacco recorded an increase in nominal turnover of 6.8% (in real terms +7.2%) the non-food sector registered a nominal minus of 20.5% (in real terms –19.9%). The sectors “other goods (clothing, chemists, watches and jewellery)” (–33.6%; real –33.2%) and “other household equipment, textiles, DIY and furniture” (–24.0%; real –23.7%) were most affected by the crisis. In contrast, the sectors “information and communication equipment” (+28.9%; +40.2% in real terms) and “market stalls, retail sale via mail order houses or via internet” (+21.8%; +22.9% in real terms) were able to report positive turnover figures. |
Switzerland Retail Sales YoY, February 2021(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 6.6% compared with the previous month (in real terms –6.3%). Retail sales of food, drinks and tobacco registered a nominal minus of 0.7% (in real terms –0.3%). The non-food sector showed a minus of 12.3% (in real terms –11.8%).
Download press release: Considerable decrease in Swiss retail trade turnover in February
You Might Also Like
Weekly SNB Sight Deposits and Speculative Positions: SNB selling euros and dollars
2021-03-29
Update March 29 2021: SNB selling euros and dollars. Sight Deposits have fallen: The change is -0.2 bn. compared to last week, this means the SNB is selling euros and dollars.
Swiss Producer and Import Price Index in February 2021: -1.1 percent YoY, unchanged MoM
2021-03-19
18.03.2021 – The Producer and Import Price Index remained unchanged in February 2021 compared with the previous month. The index stood at 100.3 points (December 2020 = 100). Petroleum products as well as basic metals and semi-finished metal products in particular saw higher prices, while pharmaceutical products became cheaper.
Swiss Producer and Import Price Index in January 2021: -2.1 percent YoY, +0.3 percent MoM
2021-02-23
23.02.2021 – The Producer and Import Price Index rose in January 2021 by 0.3% compared with the previous month, reaching 100.3 points (December 2020 = 100). The rise is due in particular to higher prices for scrap, petroleum products, as well as for basic metals and semi-finished metal products. Compared with January 2020, the price level of the whole range of domestic and imported products fell by 2.1%.
Swiss Consumer Price Index in November 2020: -0.7 percent YoY, -0.2 percent MoM
2020-12-02
02.12.2020 – The consumer price index (CPI) fell by 0.2% in November 2020 compared with the previous month, reaching 101.0 points (December 2015 = 100). Inflation was –0.7% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).
Switzerland GDP Q3 2020: 7.2 percent QoQ, -1.6 percent YoY
2020-12-01
Switzerland’s GDP grew by 7.2 % in the 3rd quarter of 2020, after decreasing by a total of 8.6 % in the first half of the year. Domestic demand and parts of the service sector recovered significantly, while international developments had an adverse impact on exports.
Download press release
Gross domestic product in the 3rd quarter of 2012 – Still 2 % below pre-crisis level(PDF, 4 pages, 319 kB)
Other languages
FR
IT
DE
Associated documents
Gross domestic product in the 3rd quarter 2020
Price indices’ upgrade includes addition of an official residential property price index
2020-11-27
From 2021, the price indices published by the Federal Statistical Office (FSO) will be armed with an updated methodology that reflects market changes as closely as possible. Furthermore, a new price index will be added to the existing set, measuring residential property price change, which will be published on a quarterly basis.
Employment in Switzerland continued to fall in 3rd quarter
2020-11-26
26.11.2020 – In the 3rd quarter 2020, total employment (number of jobs) fell by 0.4% in comparison with the same quarter a year earlier (+0.5% with previous quarter). In full-time equivalents, employment in the same period declined by 0.1%. The Swiss economy counted 11 900 fewer vacancies than in the corresponding quarter of the previous year (–15.1%) with the employment outlook indicator also indicating a downward trend (-2.3%).
Swiss Retail Sales, September 2020: 0.3 percent Nominal and 0.3 percent Real
2020-10-30
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.
Tags: Featured,newsletter