Switzerland Retail February 2018


Switzerland: Retail sales broadly stable in February

April 3, 2018

In February, calendar-adjusted real retail sales contracted 0.2% from the same month a year ago, coming in slightly above the upwardly-revised 0.4% fall logged in January (previously reported: -1.4% year-on-year). Non-food, non-fuel sales drove the decline, while sales of food, drinks and tobacco increased healthily.

On a monthly basis, calendar- and seasonally-adjusted real retail sales grew 0.3% in February, rebounding from the upwardly-revised 0.3% decline recorded in January (previously reported: -0.7% month-on-month). Meanwhile, the annual average variation in retail sales was stable for a third consecutive month at 0.1%.

Panelists polled by FocusEconomics expect private consumption to increase 1.4% in 2018, which is unchanged from last month’s forecast. For 2019, the panel again expects private consumption to rise 1.4%.

Author:, Economist

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Switzerland Retail Chart

Switzerland Retail February 2018 0

Note: Year-on-year changes and annual average variation of retail sales in %.
Source: Swiss Federal Statistics Office (BFS).

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