Swiss retail sales fell sharply
Real turnover in the Swiss retail sector adjusted for sales days and holidays fell by 2.1 percent in November 2015 compared with November 2014 (in nominal terms -3.9percent). Real, seasonally adjusted turnover in the retail sector fell by 0.8percent in November 2015 compared with October 2015 (in nominal terms -0.9percent) – according to the provisional results of the Federal Statistical Office (FSO).
In November 2015, the retail sector, excluding fuel, adjusted for sales days and holidays showed a decline in real turnover of 1.2 percent compared with November 2014 (in nominal terms -2.9 percent). Retail sales of food, drinks and tobacco registered a decline in real turnover of 0.4% (in nominal terms -1.0 percent). The non-food sector registered negative growth of 1.9% (in nominal terms -4.3 percent). (MTI)
Related news
Growing retail, falling SMEs: what can companies do?
A KSH adatai szerint az év első öt hónapjában javult…
Read more >KSH: retail turnover increased by 3.6 percent compared to the same period of the previous year
In May, the volume of retail trade increased by 3.6…
Read more >MBH Bank: Encouraging outlook in the trade sector – sector outlook
In May, the retail turnover essentially stagnated, but excluding the…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >