Retail Sales in Switzerland
Switzerland - Retail Sales
Retail sales remain in the doldrums in May
Calendar-adjusted real retail sales fell 0.7% in annual terms in April, matching March’s decline. April’s dip was driven mainly by a notable drop in sales in the non-food sector.
On a month-on-month calendar- and seasonally-adjusted basis, real retail sales increased 0.2% in April, higher than the upwardly revised flat reading registered in the month prior. Meanwhile the annual average variation in retail sales fell 0.3% in April.
FocusEconomics panelists expect private consumption to increase 1.2% in 2019, which is unchanged from last month’s forecast, and 1.3% 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||-0.62||6.27 %||Jun 20|
|Exchange Rate||0.98||-0.54 %||Jun 20|
|Stock Market||9,979||-0.82 %||Jun 20|
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June 13, 2019
At its meeting on 13 June, the Swiss National Bank (SNB) maintained its current expansionary policy stance as had been expected by market analysts.
June 3, 2019
Consumer prices rose 0.3% over the prior month in May, up from the 0.2% rise logged in April.
Switzerland: Manufacturing PMI remains mired in contractionary territory in May; services PMI ticks down
June 3, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by Credit Suisse and procure.ch inched up to 48.6 points in May from a near four-year low of 48.5 points in April.
May 31, 2019
Calendar-adjusted real retail sales fell 0.7% in annual terms in April, matching March’s decline.
May 29, 2019
The KOF economic barometer—a leading composite indicator for the Swiss economy, which forecasts a six-month period—dropped to 94.4 points in May from 96.2 points in April.