Retail Sales in Switzerland
Switzerland - Retail Sales
Retail sales shrink in November
According to the Swiss Federal Statistics Office, calendar-adjusted real retail sales fell 0.5% over the same month a year prior in November, following the upwardly revised 1.0% increase registered in October (previously reported: +0.8% year-on-year). The drop in November came primarily on the back of contractions in automotive fuel, and clothing and footwear sales.
On a month-on-month calendar- and seasonally-adjusted basis, retail sales rose 0.2% in November, moderating from the revised 2.3% increase recorded in October (previously reported: +1.9% month-on-month). Meanwhile, the annual average variation in retail sales inched down to 0.1% in November from 0.2% in October.
Switzerland Private Consumption Forecast
FocusEconomics panelists expect private consumption to increase 1.3% in 2019, which is down 0.1 percentage points from last month’s forecast, and 1.5% in 2020.
Switzerland - Retail Sales Data
|Retail Sales (annual variation in %)||1.9||1.0||-1.3||-2.0||0.1|
5 years of economic forecasts for more than 30 economic indicators.
Switzerland Retail Sales Chart
Source: Swiss Federal Statistics Office (BFS) and FocusEconomics calculations.
|Bond Yield||-0.34||6.27 %||Feb 14|
|Exchange Rate||1.00||-0.54 %||Feb 14|
|Stock Market||9,143||-0.82 %||Feb 14|
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February 11, 2019
Consumer prices fell 0.3% over the prior month in January, matching the decrease registered in December.
January 30, 2019
The KOF economic barometer—a leading composite indicator for the Swiss economy forecasting a six-month period—continued to slump at the start of the year, falling to 95.0 points in January from a revised 96.4 points in December (previously reported: 96.3 points).
January 9, 2019
Consumer prices fell 0.3% over the prior month in December, matching the decline logged in November.
January 8, 2019
According to the Swiss Federal Statistics Office, calendar-adjusted real retail sales fell 0.5% over the same month a year prior in November, following the upwardly revised 1.0% increase registered in October (previously reported: +0.8% year-on-year).
January 7, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by Credit Suisse and procure.ch inched up to 57.8 points in December from 57.7 points in November.