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In March 2023, Swiss retailers registered a nominal sales increase of 0.9 percent, notably over the previous year. However, seasonally adjusted nominal fell 0.2 percent from February, according to provisional results from the Federal Statistics Office (FSO).
BFS announced on Friday that, taking into account inflation, retail sales fell 1.9 percent year-on-year in real terms in March.
Excluding sales and public holiday effects, retail trade excluding fuel stations, which was affected by the fluctuation in fuel prices, recorded a 1.6 percent increase in nominal sales compared to the previous year in March. It was minus 1.3 percent in real terms. Real sales in the non-food sector increased by 0.3 percent.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
