Switzerland retail sales increase in March

7 May 2012 (Last Updated May 7th, 2012 08:59)

Swiss retail sales turnover, in real terms, increased 4.2% in March, compared with the same month a year ago, according to the data released by Federal Statistical Office (FSO).

Swiss retail sales turnover, in real terms, increased 4.2% in March, compared with the same month a year ago, according to the data released by Federal Statistical Office (FSO).

In nominal terms, retail sales advanced 1.1% in the month, on a seasonally adjusted basis, compared to March 2011.

Excluding fuel, seasonally adjusted retail sales turnover rose 3.5% in real terms in March from the same month a year ago.

In nominal terms, seasonally adjusted retail sales were up 0.9% in March, excluding fuel, compared to the same month last year.

Seasonally adjusted sales of food, drinks and tobacco grew 3% in real terms in March from the corresponding month a year earlier.

In nominal terms, food, drinks and tobacco sales were up 1.5% in March 2012, compared to March 2011, on a seasonally adjusted basis.

Non food sector registered a 3.6% increase in sales in real terms and 0.2% gain in nominal terms in March, excluding fuel, on an annual basis.

Retail sales increased 2.2% in real terms on a seasonally adjusted basis in March, compared to the previous month.

In nominal terms, seasonally adjusted retail sales were up 2.4% in March from February 2012.

Month-on-month, excluding fuel, retail sales turnover grew 1.9% in real terms in March 2012, on a seasonally adjusted basis.

Excluding fuel, seasonally adjusted retail sales advanced 2.8% in nominal terms in March from the previous month.

Retail sales of food, drinks and tobacco rose 1.8% month-on-month in March, in real terms, on a seasonally adjusted basis.

In nominal terms, seasonally adjusted food, drinks and tobacco sales increased 1.9% in March from the previous month.

Non food sector sales recorded positive growth of 3.8% in real terms and 3.4% in nominal terms in March, on a monthly basis.