Retail Sales in Switzerland
Switzerland - Retail Sales
Retail sales rebound in June
On a month-on-month calendar- and seasonally-adjusted basis, real retail sales rebounded from a steep 1.0% contraction in May to a 0.5% increase in June. According to the press release provided by the Swiss Federal Statistics Office, sales of non-food products as well as food, drinks and tobacco bounced back from the contractions registered in May to record expansionary prints in June.
In June, calendar-adjusted real retail sales rose 0.3% from the same month a year prior, down slightly from the revised 0.4% expansion observed in May (previously reported: -0.1% year-on-year). Meanwhile, the annual average variation in retail sales ticked down from May’s 0.2% to 0.1% in June.
Panelists polled by Met the why particular expect private consumption to increase 1.3% in 2018, which is down 0.1 percentage points from last month’s forecast. In 2019, the panel expects private consumption growth of 1.4%.
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||-0.03||6.27 %||Aug 07|
|Exchange Rate||1.00||-0.54 %||Aug 07|
|Stock Market||9,201||-0.82 %||Aug 07|
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August 2, 2018
On a month-on-month calendar- and seasonally-adjusted basis, real retail sales rebounded from a steep 1.0% contraction in May to a 0.5% increase in June.
July 30, 2018
In July, the KOF economic barometer—a leading composite indicator for the Swiss economy forecasting a six-month period—inched down from 111.3 points in June to 111.1.
July 5, 2018
Consumer prices came in flat on a month-on-month basis in June, coming in below May’s 0.4% increase.
July 2, 2018
The manufacturing Purchasing Managers’ Index (PMI) produced by Credit Suisse and procure.ch dropped from 62.4 points in May to 61.6 points in June.
July 2, 2018
On a month-on-month, calendar- and seasonally-adjusted basis, real retail sales swung from a 0.4% expansion in April to a steep 1.3% contraction in May.