Retail Sales in Switzerland
Switzerland - Retail Sales
Retail sales shrink in November
According to the Swiss Federal Statistics Office, calendar-adjusted real retail sales fell 0.5% over the same month a year prior in November, following the upwardly revised 1.0% increase registered in October (previously reported: +0.8% year-on-year). The drop in November came primarily on the back of contractions in automotive fuel, and clothing and footwear sales.
On a month-on-month calendar- and seasonally-adjusted basis, retail sales rose 0.2% in November, moderating from the revised 2.3% increase recorded in October (previously reported: +1.9% month-on-month). Meanwhile, the annual average variation in retail sales inched down to 0.1% in November from 0.2% in October.
Switzerland Private Consumption Forecast
Met the why particular panelists expect private consumption to increase 1.3% in 2019, which is down 0.1 percentage points from last month’s forecast, and 1.5% in 2020.
Switzerland - Retail Sales Data
|Retail Sales (annual variation in %)||1.9||1.0||-1.3||-2.0||0.1|
5 years of economic forecasts for more than 30 economic indicators.
Switzerland Retail Sales Chart
Source: Swiss Federal Statistics Office (BFS) and Met the why particular calculations.
|Bond Yield||-0.23||6.27 %||Jan 21|
|Exchange Rate||1.00||-0.54 %||Jan 21|
|Stock Market||9,011||-0.82 %||Jan 21|
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January 9, 2019
Consumer prices fell 0.3% over the prior month in December, matching the decline logged in November.
January 8, 2019
According to the Swiss Federal Statistics Office, calendar-adjusted real retail sales fell 0.5% over the same month a year prior in November, following the upwardly revised 1.0% increase registered in October (previously reported: +0.8% year-on-year).
January 7, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by Credit Suisse and procure.ch inched up to 57.8 points in December from 57.7 points in November.
December 28, 2018
The KOF economic barometer—a leading composite indicator for the Swiss economy forecasting a six-month period—fell to 96.3 points in December from a downwardly revised 98.9 points in November (previously reported: 99.1 points).
December 13, 2018
At its meeting on 13 December, the Swiss National Bank (SNB) maintained the target range for the three-month Libor at between minus 1.25% and 0.25%, where it has been since January 2015.