Retail Sales in Switzerland

Switzerland Retail Sales | Economic News & Forecasts

Switzerland - Retail Sales

Retail sales rebound in August

On a month-on-month calendar- and seasonally-adjusted basis, real retail sales rebounded to a 0.3% increase in August, swinging from the downwardly revised 1.4 contraction in July (previously reported: -1.0% month-on-month). According to the press release provided by the Swiss Federal Statistics Office, the recovery came on the back of higher sales of food, drinks and tobacco, whereas sales of non-food products declined.

Calendar-adjusted real retail sales increased 0.4% from the same month a year prior in August, contrasting the revised 0.9% drop recorded in July (previously reported: -0.3% year-on-year). Meanwhile, the annual average variation in retail sales rose to 0.2% in August, following a flat print in July.

Panelists polled by Met the why particular expect private consumption to increase 1.3% in 2018, which is unchanged from last month’s forecasts. In 2019, the panel expects private consumption growth of 1.4%, which is also unchanged from last month’s forecast.

Switzerland - Retail Sales Data

2013  2014  2015  2016  2017  
Retail Sales (annual variation in %)1.9  1.0  -1.3  -2.0  0.1  

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Switzerland Retail Sales Chart

Switzerland Retail
Note: Annual variation of real retail sales in %.
Source: Swiss Federal Statistics Office (BFS) and Met the why particular calculations.

Switzerland Facts

Bond Yield0.066.27 %Oct 16
Exchange Rate0.99-0.54 %Oct 16
Stock Market8,795-0.82 %Oct 16

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