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Sharp 13.3% rise in Swiss retail trade turnover in February 2022
Turnover adjusted for sales days and holidays rose in the retail sector by 13.3% in nominal terms in February 2022 compared with the previous year. This sharp increase can partly be explained by the low figure for February 2021, when COVID-19 protective measures were reintroduced. Seasonally adjusted, nominal turnover rose by 0.4% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO). Real turnover adjusted for sales days and holidays rose in the retail sector by 12.8% in February 2022 compared with the previous year. Real growth takes inflation into consideration. ... (full story)