Retail Sales in Switzerland
Switzerland - Retail Sales
Retail sales stagnate in November
Calendar-adjusted real retail sales were flat in annual terms in November, down from October’s revised 0.4% reading (previously reported: +0.7% year-on-year). Lower clothing and footwear sales were offset by higher sales of food, beverages and tobacco.
On a month-on-month seasonally-adjusted basis, real retail sales declined 0.1% in November, contrasting October’s 0.7% expansion.
FocusEconomics panelists expect private consumption to increase 1.0% in 2020, which is down 0.1 percentage points from last month’s forecast, and 1.2% 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 | -0.51 | 6.27 % | Jan 01 |
| Exchange Rate | 0.97 | -0.54 % | Jan 01 |
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Economic News
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Switzerland: Retail sales stagnate in November
January 9, 2020
Calendar-adjusted real retail sales were flat in annual terms in November, down from October’s revised 0.4% reading (previously reported: +0.7% year-on-year).
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Switzerland: Inflation returns in December but remains meek
January 7, 2020
Consumer prices were unchanged in month-on-month terms in December, following November’s 0.1% dip, with lower prices for clothing and footwear offsetting higher communications prices. Consumer prices rose 0.2% in annual terms in December, coming after consecutive annual price falls in October and November, while core inflation clocked 0.4%.
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Switzerland: Manufacturing sector perks up in December, but services sector loses steam
January 3, 2020
The manufacturing Purchasing Managers’ Index (PMI) produced by Credit Suisse and procure.ch rose to 50.2 in December from 48.8 in November, marking the highest reading since March and moving back above the 50-threshold that separates contraction from expansion in the manufacturing sector.
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Switzerland: KOF economic barometer rebounds in December
December 30, 2019
The KOF economic barometer—a leading composite indicator for the Swiss economy—rebounded to 96.4 points in December from November’s revised 92.6 points (previously reported: 93.0 points).
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Switzerland: Manufacturing PMI sinks further into contractionary territory in November; services sector activity weakens
December 3, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by Credit Suisse and procure.ch fell to 48.8 in November from 49.4 in October.
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