Retail Sales in Switzerland
Switzerland - Retail Sales
Retail sales plummet in March
In March, calendar-adjusted real retail sales contracted 1.8% from the same month a year prior, the largest contraction since December 2016 and coming in well below the 0.2% fall recorded in February. Non-food, non-fuel sales drove the decline, while sales of food, drinks and tobacco increased healthily.
On a month-on-month calendar- and seasonally-adjusted basis, real retail sales grew 0.1% in March, slowing from the upwardly revised 0.5% increase registered in February (previously reported: +0.3% month-on-month). Meanwhile, the annual average variation in retail sales fell to negative 0.3% in March from positive 0.1% in February.
Switzerland Private Consumption Forecast
Panelists polled by Met the why particular expect private consumption to increase 1.4% in 2018, which is unchanged from last month’s forecast. For 2019, the panel again expects private consumption to rise 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||0.0||6.27 %||Jun 14|
|Exchange Rate||1.00||-0.54 %||Jun 14|
|Stock Market||8,691||-0.82 %||Jun 14|
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May 31, 2018
The economy of Switzerland started the year on strong footing.
May 30, 2018
In May, the KOF economic barometer—a leading composite indicator for the Swiss economy forecasting a six-month period—dropped from a revised 113.3 points in April (previously reported: 115.3 points) to the series’ long-run average of 110 points in May.
May 25, 2018
The Swiss electorate will vote on 11 June on a radical proposal, known as the sovereign money initiative (Vollgeld), to overhaul the country’s banking and monetary systems.
May 7, 2018
Consumer prices rose 0.2% on a month-on-month basis in April, coming in slightly below March’s 0.4% increase.
May 2, 2018
In March, calendar-adjusted real retail sales contracted 1.8% from the same month a year prior, the largest contraction since December 2016 and coming in well below the 0.2% fall recorded in February.