Latest reading: Retail sales were up 3.3% in annual terms in August, following a 5.0% increase in the previous month....
Retail Sales in Switzerland
The Swiss economy recorded an average growth rate of 0.8% in retail sales over the decade to 2024, same level as 's average of %. In 2024, Switzerland's retail sales growth was 1.0%.
Switzerland Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Switzerland from 2014 to 2024.
Source: Macrobond.
Switzerland Retail Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | 1.4 | 4.6 | -0.1 | -1.6 | 1.0 |
Retail sales dip in July
Latest reading: Retail sales declined 0.5% in month-on-month seasonally adjusted terms in July, which contrasted June's 1.9% increase. Looking at the details of the release, food plus automotive fuel sales decreased in July, driven the overall downturn in retail sales. On an annual basis, retail sales rose 0.7% in July, which was significantly below June’s 3.9% expansion.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Swiss retail projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Swiss retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Swiss retail projections.
Want to get access to the full dataset of Swiss retail forecasts? Send an email to info@focus-economics.com.
Latest Global Retail News
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Switzerland: Retail sales dip in July Latest reading: Retail sales declined 0.5% in month-on-month seasonally adjusted terms in July, which contrasted June’s 1.9% increase. Looking at...