Switzerland’s retail trade unexpectedly jumped 0.7 percent year-on-year in June 2019, following a downwardly revised 1.1 percent drop in the previous month and beating market consensus of a 0.6 percent decline. This was the first yearly increase in retail trade since October last year, as non-food sales rose faster (1.7 percent vs 0.4 percent in May) while food, beverages & tobacco sales fell at a slower pace (-0.7 percent vs -2.7 percent). On a monthly basis, retail sales were up 1.5 percent in June, reversing a 1 percent decline in May. Retail Sales YoY in Switzerland averaged 1.24 percent from 2001 until 2019, reaching an all time high of 6.80 percent in September of 2008 and a record low of -4.20 percent in December of 2016.

Retail Sales YoY in Switzerland is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Switzerland to stand at 1.00 in 12 months time. In the long-term, the Switzerland Retail Sales YoY is projected to trend around 1.60 percent in 2020, according to our econometric models.

Switzerland Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-02 06:30 AM Retail Sales YoY Mar -0.7% 0.0% -0.4% 0.5%
2019-05-31 06:30 AM Retail Sales YoY Apr -0.7% -0.7% -0.8% -0.2%
2019-07-01 06:30 AM Retail Sales YoY May -1.7% -0.8% -0.4% -0.3%
2019-08-05 06:30 AM Retail Sales YoY Jun 0.7% -1.1% -0.6% -0.8%
2019-09-02 06:30 AM Retail Sales YoY Jul 0.7%
2019-10-01 06:30 AM Retail Sales YoY Aug
2019-11-01 07:30 AM Retail Sales YoY Sep 0.6%


Switzerland Consumer Last Previous Highest Lowest Unit
Consumer Confidence -8.00 -9.30 19.90 -36.50 Index Points [+]
Retail Sales MoM 1.50 -1.00 4.60 -4.30 percent [+]
Retail Sales YoY 0.70 -1.10 6.80 -4.20 percent [+]
Consumer Spending 93430.10 93012.80 93430.10 51789.00 CHF Million [+]
Personal Savings 13.50 14.40 14.40 6.50 percent [+]
Households Debt To GDP 128.70 128.70 128.80 102.30 percent of GDP [+]
Households Debt To Income 181.53 180.98 181.53 143.50 percent [+]
Consumer Credit 882535.00 880102.00 882535.00 158152.00 CHF Million [+]
Gasoline Prices 1.69 1.72 2.15 0.78 USD/Liter [+]


Switzerland Retail Sales YoY

In Switzerland, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides the latest reported value for - Switzerland Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 -1.10 6.80 -4.20 2001 - 2019 percent Monthly
WDA




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