Switzerland Retail April 2019


Switzerland: Retail sales remain in the doldrums in May

May 31, 2019

Calendar-adjusted real retail sales fell 0.7% in annual terms in April, matching March’s decline. April’s dip was driven mainly by a notable drop in sales in the non-food sector.

On a month-on-month calendar- and seasonally-adjusted basis, real retail sales increased 0.2% in April, higher than the upwardly revised flat reading registered in the month prior. Meanwhile the annual average variation in retail sales fell 0.3% in April.

FocusEconomics panelists expect private consumption to increase 1.2% in 2019, which is unchanged from last month’s forecast, and 1.3% in 2020.

Author:, Economist

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Switzerland Retail Chart

Switzerland Retail April 2019

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

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