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
| 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 | -0.34 | 6.27 % | Feb 14 |
| Exchange Rate | 1.00 | -0.54 % | Feb 14 |
| Stock Market | 9,143 | -0.82 % | Feb 14 |
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Economic News
Switzerland: Inflation softens to a nearly one-and-a-half-year low in January
February 11, 2019
Consumer prices fell 0.3% over the prior month in January, matching the decrease registered in December.
Switzerland: KOF economic barometer confirms weaker economic momentum at outset of 2019
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).
Switzerland: Inflation weakens in December
January 9, 2019
Consumer prices fell 0.3% over the prior month in December, matching the decline logged in November.
Switzerland: Retail sales shrink 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).
Switzerland: Manufacturing PMI edges up in December
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.
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