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. source: Swiss Federal Statistical Office

Retail Sales YoY in Switzerland averaged 1.46 percent from 2001 until 2021, reaching an all time high of 7.90 percent in May of 2020 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 April of 2021.

Retail Sales YoY in Switzerland is expected to be 2.20 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 4.80 in 12 months time. In the long-term, the Switzerland Retail Sales YoY is projected to trend around 2.60 percent in 2022, according to our econometric models.

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Switzerland Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-6.30 -0.70 7.80 -18.30 2001 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-07 07:30 AM Nov 1.7% 4.3% 1.6%
2021-02-01 07:30 AM Dec 4.7% 1.8% 1.1%
2021-03-01 07:30 AM Jan -0.5% 5.4% 2%
2021-04-01 06:30 AM Feb -6.3% -0.7% 1.2%
2021-04-30 06:30 AM Mar -6.3% 4.7%
2021-06-01 06:30 AM Apr
2021-07-01 06:30 AM May
2021-08-02 06:30 AM Jun


News Stream
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 Retreat in January
Retail sales in Switzerland were down 0.5 percent year-on-year in January of 2021, following an upwardly revised 5.4 percent rise in December. It is the first decline in retail sales since a record plunge in April, due to a new coronavirus lockdown from mid-January and closure of non-essential shops. Sales of non-food sank 10.1 percent, namely cultural and recreation goods (-15.1 percent), service stations (-16.4 percent) and household equipment, textiles and furniture (-7.4 percent). On a monthly basis, retail sales fell 5.3 percent.
2021-03-01
Switzerland Retail Sales Extend Gains
Retail sales in Switzerland jumped 4.7 percent year-on-year in December of 2020, following an upwardly revised 1.8 percent gain in the previous month, the 8th consecutive month of rising retail sales. Despite the impact of the Covid-19 pandemic, provisional results showed a 0.8 percent gain in retail trade for full 2020. While retail sales of food, drinks and tobacco jumped 8.2 percent, the non-food sector went down 3.5 percent, with service stations (6 percent); clothing, chemists, watches and jewellery (-11.8 percent); and cultural and recreation goods (-8 percent) recording the biggest decreases.
2021-02-01
Switzerland Retail Sales Gain for 7th Month
Retail sales in Switzerland increased 1.7 percent year-on-year in November of 2020, following an upwardly revised 4.3 percent gain in the previous month. It is the 7th consecutive month of rising retail sales, with those of information and communication equipment increasing the most (48.2 percent), followed by food, beverages and tobacco (7.7 percent), and household equipment and textiles (5.6 percent). On a monthly basis, retail sales shrank 2 percent after a 3.6 percent gain in October.
2021-01-07

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.