Retail Sales in Switzerland

Switzerland Retail Sales | Economic News & Forecasts

Switzerland - Retail Sales

Retail sales continue to fall in February

According to the Swiss Federal Statistics Office, calendar-adjusted real retail sales fell 0.2% in annual terms in February, matching January’s revised 0.2% dip (previously reported: -0.4% year-on-year). February’s drop was driven by declines in sales of food, beverages and tobacco as well as sales of clothing and footwear, which both fell at a faster rate in March than in February. On the other hand, automotive fuel sales increased significantly in the month.

On a month-on-month calendar- and seasonally-adjusted basis, real retail sales rose 0.3% in February, recovering from the revised 0.1% dip recorded in January (previously reported: -0.3% month-on-month). Meanwhile, the annual average variation in retail sales remained flat in February.

FocusEconomics panelists expect private consumption to increase 1.2% in 2019, which is down 0.1 percentage points from last month’s forecast, and 1.3% in 2020.

Switzerland - Retail Sales Data

2013  2014  2015  2016  2017  
Retail Sales (annual variation in %)1.9  1.0  -1.3  -2.0  0.1  

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Switzerland Retail Sales Chart

Switzerland Retail
Note: Annual variation of real retail sales in %.
Source: Swiss Federal Statistics Office (BFS) and FocusEconomics calculations.

Switzerland Facts

Bond Yield-0.296.27 %Jan 30
Exchange Rate0.99-0.54 %Jan 30
Stock Market8,966-0.82 %Jan 30

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