Retail Sales in Switzerland
Switzerland - Retail Sales
Retail sales rebound in September
Calendar-adjusted real retail sales rose 0.9% on an annual basis in September, almost reversing August’s revised 1.0% decrease (previously reported: -1.4% year-on-year). September’s increase was driven by a rebound in sales of clothing and footwear, while lower fuel sales amid subdued crude oil prices tempered the rise.
On a month-on-month seasonally-adjusted basis, real retail sales dropped 0.3% in September, following the 1.1% fall registered in the prior month. Meanwhile, growth in the annual average variation in retail sales was flat in September, following the 0.3% decline seen in August.
FocusEconomics panelists expect private consumption to increase 1.2% in 2020, which is unchanged from last month’s forecast, and 1.3% in 2021.
Switzerland - Retail Sales Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Retail Sales (annual variation in %) | 1.9 | 1.0 | -1.3 | -2.0 | 0.1 |
Switzerland Retail Sales Chart
Source: Swiss Federal Statistics Office (BFS) and FocusEconomics calculations.
Switzerland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -1.04 | 6.27 % | Sep 04 |
| Exchange Rate | 0.98 | -0.54 % | Sep 04 |
| Stock Market | 9,895 | -0.82 % | Sep 04 |
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Economic News
Switzerland: Consumer sentiment sours in the August–October period on deteriorating economic outlook
November 4, 2019
Swiss households turned more pessimistic in the August–October period, with the index prepared by the State Secretariat for Economic Affairs (SECO) declining to minus 10 points from 8 points in May–July.
Switzerland: Manufacturing downturn softens in October; services sector activity weakens
November 1, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by Credit Suisse and procure.ch rose to 49.4 in October from 44.6 in September, representing a seven-month high.
Switzerland: Consumer prices fall on an annual basis in October
November 1, 2019
Consumer prices fell by 0.2% in October, following a 0.1% dip in September.
Switzerland: Retail sales rebound in September
November 1, 2019
Calendar-adjusted real retail sales rose 0.9% on an annual basis in September, almost reversing August’s revised 1.0% decrease (previously reported: -1.4% year-on-year).
Switzerland: KOF economic barometer rises in October
October 30, 2019
The KOF economic barometer—a leading composite indicator for the Swiss economy, which forecasts a six-month period—rose to 94.7 in October from a revised 93.1 in September (previously reported: 93.2).
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