Switzerland’s retail trade edged up 0.1 percent from a year earlier in December 2019, following a revised 0.5 percent growth in the previous month and missing market expectations of 0.2 percent. Sales of non-food products rose 1.6 percent, the same pace as in November, while those of food, beverages, tobacco fell 0.3 percent (vs 1.1 percent in November). On a monthly basis, retail sales went down 0.4 percent, following a revised 0.3 percent gain in November. Switzerland Retail Sales YoY - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Retail Sales YoY in Switzerland averaged 1.23 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. 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.
Retail Sales YoY in Switzerland is expected to be 0.80 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 1.10 in 12 months time. In the long-term, the Switzerland Retail Sales YoY is projected to trend around 1.60 percent in 2021, according to our econometric models.