Retail Sales in Switzerland

Switzerland Retail Sales | Economic News & Forecasts

Switzerland - Retail Sales

Retail sales growth gains steam in September

Retail sales increased 2.5% year-on-year in calendar-adjusted terms in September (August: +0.8% c.a. yoy). Looking at the details of the release, food, beverages, and tobacco sales fell at a softer rate in September, while the decrease in household equipment sales worsened.

On a monthly basis, retail sales rose 0.1% in seasonally-adjusted terms in September, which was below August’s 1.4% expansion. Meanwhile, annual average growth of retail sales was 5.3% in September, mirroring August's reading.

FocusEconomics Consensus Forecast panelists expect private consumption to rise 3.7% in 2022, which is unchanged from last month’s forecast, and to grow 1.7% in 2023.

Switzerland - Retail Sales Data

2015   2016   2017   2018   2019  
Retail Sales (annual variation in %)-1.3  -2.0  0.1  0.0  0.4  

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Switzerland Retail Sales Chart

Switzerland Retail
Note: Annual variation of real retail sales in %.
Source: Swiss Federal Statistics Office (BFS) and FocusEconomics calculations.

Switzerland Facts

Value Change Date
Bond Yield-0.516.27 %Jan 01
Exchange Rate0.97-0.54 %Jan 01

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