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02.07.2018 07:29

Swiss retail sales down 0.1% on year

Turnover in the retail sector rose by 0.2% in nominal terms in May 2018 compared with the previous year. Seasonally adjusted, nominal turnover fell by 1.2% 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 0.1% in May 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 1.3%.

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