Sales in the Swiss retail sector dipped by 0.2% in 2024, according to market research firm GfK. A subdued consumer mood affected many non-food markets.
This content was published on
2 minutes
Keystone-SDA
Deutsch
de
GfK: Detailhandelsumsatz in der Schweiz 2024 leicht gesunken
Original
Black Friday, which performed well in some areas, and Christmas sales couldn’t make up for the losses of previous months.
The food and food-related sectors grew by 1.3%, according to the Market Monitor released on Wednesday. However, non-food sales dropped by 2.6%. Online shopping continued to thrive, achieving cumulative growth of about 3.5% by the end of December.
GfK figures show that confectionery and snacks did particularly well in the food segment, with chocolate sales standing out due to price hikes. Non-alcoholic beverages remained almost stable, while alcoholic drinks saw a decline compared to the previous year.
The GfK Monitor is based on real sales data from over 40 major Swiss retailers. These retailers account for about 40% to 50% of total sector sales. Specialty retailers are not included. GfK notes that the Market Monitor does not claim to represent the entire market.
Translated from German with DeepL/sp
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.
Swisscom records over 200 million cyberattacks per month
This content was published on
Swiss state-owned telecommunications provider Swisscom has to defend against 200 million cyberattacks on its own infrastructure every month.
This content was published on
International Women's Rights Day saw some 4,800 demonstrators march in the Swiss cities of Lausanne and Geneva on Saturday.
Diversity and equality ‘under threat’: ex-Swiss minister
This content was published on
Dismantling diversity programmes is a backwards step for equality, warns former Swiss government minister Simonetta Sommaruga.
Swiss regulator fines US bank Citi over fat-finger crash
This content was published on
Citigroup fined CHF500,000 by Swiss stock exchange regulator after a fat-finger trade caused a 2022 flash crash in European stocks.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.