Retail sales in Switzerland increased 2.8 percent year-on-year in May of 2021, following a record 37.7 percent surge in the previous month. Sales of non-food were up 7.9 percent, namely information and communication equipment (14.7 percent), cultural and recreational goods (6.2 percent) while sales of food, beverages and tobacco declined 3.1 percent. On a monthly basis, retail sales dropped 1.8 percent. source: Swiss Federal Statistical Office

Retail Sales YoY in Switzerland averaged 1.70 percent from 2001 until 2021, reaching an all time high of 37.70 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 July of 2021.

Retail Sales YoY in Switzerland is expected to be 4.50 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 5.10 in 12 months time. In the long-term, the Switzerland Retail Sales YoY is projected to trend around 4.60 percent in 2022 and 3.40 percent in 2023, according to our econometric models.

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Switzerland Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
2.80 37.70 37.70 -18.30 2001 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-01 06:30 AM Feb -6.3% -0.7% 1.2%
2021-04-30 06:30 AM Mar 22.6% -6.6% 4.7%
2021-06-01 06:30 AM Apr 35.7% 23.1% 30.6%
2021-07-01 06:30 AM May 2.8% 37.7% 10.5%
2021-08-02 06:30 AM Jun 2.8% 4%
2021-09-02 06:30 AM Jul
2021-10-04 06:30 AM Aug
2021-11-02 07:30 AM Sep


News Stream
Switzerland Retail Sales Up 2.8% YoY
Retail sales in Switzerland increased 2.8 percent year-on-year in May of 2021, following a record 37.7 percent surge in the previous month. Sales of non-food were up 7.9 percent, namely information and communication equipment (14.7 percent), cultural and recreational goods (6.2 percent) while sales of food, beverages and tobacco declined 3.1 percent. On a monthly basis, retail sales dropped 1.8 percent.
2021-07-01
Switzerland Retail Sales Growth Hits Fresh Record High
Retail sales in Switzerland surged 35.7 percent year-on-year in April of 2021, accelerating from an upwardly revised 23.1 percent gain in the previous month. It is the biggest increase in retail trade since the series began in January 2000, due to a low base effect of last year, when the first Covid-19 protective measures were taken. Sales of non-food soared by 73.5 percent, namely furnishing supplies (90.1 percent), communication technology equipment (40.5 percent), household appliances, textiles, do-it yourself and furnishing supplies (125.9 percent), publishing products, sports equipment and toys (52.8 percent), other goods (104.7 percent), and petrol stations (14.6 percent). Meanwhile, sales of food rose by 13.3 percent, accelerating from an 8.6 percent growth in the prior month. On a monthly basis, retail sales fell by 4.4 percent, reversing sharply from an upwardly revised 22.3 percent jump in March.
2021-06-01
Swiss Retail Sales Rise the Most on Record
Retail sales in Switzerland surged 22.6 percent year-on-year in March of 2021, rebounding sharply from an upwardly revised 6.6 percent drop in the previous month. It is the biggest increase in retail trade since the series began in January 2001, due to a low base effect of last year, when the first Covid-19 protective measures were taken. Sales of non-food soared by 41.1 percent, namely furnishing supplies (90.1 percent), communication technology equipment (42.8 percent), clothing, pharmacies, watches and jewelry (31.9 percent), publishing products, sports equipment and toys (29.4 percent) and market stalls, mail order and online trading (25.1 percent). On a monthly basis, retail sales jumped 22.1 percent, recovering sharply from an upwardly revised 5.3 percent fall in February.
2021-04-30
Switzerland Retail Sales Fall 6.3% YoY in February
Retail sales in Switzerland dropped 6.3 percent year-on-year in February of 2021, following an upwardly revised 0.7 percent fall in the previous month. It is the second straight month of decline in retail sales, due to a new coronavirus lockdown from mid-January and closure of non-essential shops. Sales of non-food plunged 19.9 percent, namely clothing, pharmacies, watches and jewelry (-33.2 percent) and household equipment, textiles and furniture (-23.7 percent). On a monthly basis, retail sales decreased 5.2 percent, following an upwardly revised 6.4 percent fall in January.
2021-04-01

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.