Switzerland Retail June 2019

Switzerland

Switzerland: Retail sales rebound in June

August 5, 2019

Calendar-adjusted real retail sales rose 0.7% over the same month a year prior in June, following the 1.1% decline logged in May. June’s uptick came on the back of a strong rise in sales of non-food items, while conversely sales of food, alcohol and tobacco fell.

On a month-on-month calendar- and seasonally-adjusted basis, real retail sales increased 1.5% in June, contrasting the revised 1.0% decrease registered in May. Meanwhile the annual average variation in retail sales declined 0.3% in June, matching May’s dip.

FocusEconomics panelists expect private consumption to increase 1.2% in 2019, which is unchanged from last month’s forecast, and 1.2% again in 2020.


Author:, Economist

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Switzerland Retail Chart


Switzerland Retail June 2019

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


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