Swiss housing on the lake with mountains in switzerland

Switzerland Retail May 2023

Switzerland: Annual decline in retail sales softens in May

Retail sales slid 1.1% year on year in calendar-adjusted terms in May, which was a less pronounced drop than April’s 4.0% decrease. The reading was largely driven by a weaker contraction in food, beverages, and tobacco sales. In addition, household equipment sales fell at a softer rate.

On a seasonally adjusted monthly basis, retail sales rebounded, rising 2.1% in May (April: -2.2% mom), the best result since October 2021. Meanwhile, the trend improved, with the annual average variation of retail sales coming in at minus 1.0%, up from April’s minus 1.1%.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest