Switzerland Retail December 2019


Switzerland: Retail sales tick up in December

January 31, 2020

Calendar-adjusted real retail sales rose 0.1% in annual terms in December, down from November’s 0.5% increase. December’s reading was dragged on by lower food, beverages and tobacco sales.

On a month-on-month seasonally-adjusted basis, real retail sales declined 0.4% in December, contrasting Novembers 0.3% increase.

FocusEconomics Consensus Forecast panelists expect private consumption to increase 1.0% in 2020, which is down 0.1 percentage points from last month’s forecast, and to rise 1.2% in 2021.

Author:, Economist

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Switzerland Retail Chart

Switzerland Retail December 2019

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

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