Swiss trade turnover figures grow 0.1 percent

by | 31 Jan 2024 | Economy

In December 2023, retail trade turnover adjusted for the effect of sales days and holidays increased in nominal terms by 0.1 percent compared with December 2022.

 

In December 2023, retail trade turnover adjusted for the effect of sales days and holidays decreased by 0.8 percent in real terms compared with the same month of the previous year.

The trend in real terms takes into account inflation. Compared with the previous month, seasonally adjusted retail trade turnover figures showed a decline of 0.6 percent in real terms.

 

Retail trade, excluding gas stations

After adjusting for the effect of sales days and public holidays, retail trade, excluding gas stations, registered a 0.3 percent increase in sales figures in December 2023 in nominal terms compared to December 2022 (in real terms -0.7 percent).

Retail trade in food, beverages and tobacco posted a 1.5 percent increase in sales in nominal terms (in real terms -1.1 percent), the non-food sector a 0.8 percent decrease in nominal terms (in real terms: -0.7 percent).

Excluding seasonal variations, retail trade, excluding gas stations, recorded a 0.6 percent decrease in sales figures in December 2023 in nominal terms compared to November 2023 (in real terms: -0.6 percent).

In food, beverages and tobacco retail trade, sales figures regressed by 1.7 percent in nominal terms (in real terms: -1.4 percent), in the non-food sector they showed a 0.6 percent decrease (in real terms: -0.8 percent).

Source