Retail sales in Switzerland dropped by 2.5 percent year-on-year in October of 2022, following a downwardly revised 2.6 percent growth in the previous month. It was the first fall in retail trade since May, as sales declined for both food, beverages and tobacco (-3.7 percent vs -0.3 percent in September) and non-food products (-2.2 percent vs 4.2 percent). On a monthly basis, retail trade slumped by 2.7 percent, the largest decrease since February of 2021. source: Swiss Federal Statistical Office
Retail Sales YoY in Switzerland averaged 1.65 percent from 2001 until 2022, reaching an all time high of 38.10 percent in April of 2021 and a record low of -18.30 percent in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Retail Sales YoY in Switzerland is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Retail Sales YoY is projected to trend around -1.40 percent in 2023 and 2.90 percent in 2024, according to our econometric models.