Business ::
Neuchatel, Switzerland (GenevaLunch) – Retail trade turnover in July 2009 was up 1 percent compared to last year, in real terms, meaning that Swiss consumers are purchasing more food, beverages and tobacco products, net of inflation. In the year to July, retail turnover increased 0.6 percent compared to last year, according to figures from the Federal Statistics Office (FSO) out 16 September.
Industrial production, orders, sales and inventory numbers, published by FSO 15 September, show that the second quarter of 2009 gave hope for optimism, compared to the first three months of 2009:
- production, exclusive of construction: +2.7 percent not seasonally adjusted
- new orders: + 8.5 percent
- sales turnover: + 3.7 percent
- inventories: -1.2 percent
