Marked decline in Swiss retail trade turnover of 5.9% in March 2022 - also due to pandemic-related high in previous year
Neuchâtel, 29.04.2022 - Turnover adjusted for sales days and holidays fell in the retail sector by 5.9% in nominal terms in March 2022 compared with the previous year. This decline can mainly be explained by the high figure of March 2021, when the COVID-19 protection measures were lifted before the end of the month and turnover rebounded. Seasonally adjusted, nominal turnover rose by 0.9% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).
This press release and further information on this topic can be found on the FSO website (see link below)
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