Market news
02.11.2018, 08:20

Swiss turnover in the retail sector fell by 2.3% in nominal terms in September

Turnover in the retail sector fell by 2.3% in nominal terms in September 2018 compared with the previous year. This is the sharpest decline since December 2016. Seasonally adjusted, nominal turnover fell by 1.6% 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 fell by 2.7% in September 2018 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 1.6%.


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