Switzerland's retail sales tumbled 5.6 percent from a year earlier in March 2020, the sharpest decline since comparable records began in 2001, as the Covid-19 crisis hit the economy. There was a steep fall in non-food sales (-15.0 percent vs -1.8 percent), while sales of food, beverages, tobacco jumped (8.4 percent vs 5.6 percent).

Retail Sales YoY in Switzerland averaged 1.20 percent from 2001 until 2020, reaching an all time high of 6.80 percent in September of 2008 and a record low of -5.60 percent in March 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 May of 2020.

Retail Sales YoY in Switzerland is expected to be -12.30 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 2.50 in 12 months time. In the long-term, the Switzerland Retail Sales YoY is projected to trend around 4.80 percent in 2021 and 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
-5.60 0.30 6.80 -5.60 2001 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-01-31 07:30 AM Dec 0.1% 0.5% 0.2% 0.3%
2020-02-28 07:30 AM Jan -0.1% 0.8% 0.3% 0.5%
2020-03-31 06:30 AM Feb 0.3% 0.0% -0.7% -0.6%
2020-04-30 06:30 AM Mar -5.6% 0.3% -3.6%
2020-06-02 06:30 AM Apr -5.6% -16%
2020-06-30 06:30 AM May
2020-07-31 06:30 AM Jun -12.3%
2020-08-31 06:30 AM Jul


News Stream
Swiss Retail Sales Post Largest Fall Ever
Switzerland's retail sales tumbled 5.6 percent from a year earlier in March 2020, the sharpest decline since comparable records began in 2001, as the Covid-19 crisis hit the economy. There was a steep fall in non-food sales (-15.0 percent vs -1.8 percent), while sales of food, beverages, tobacco jumped (8.4 percent vs 5.6 percent).
2020-04-30
Swiss Retail Sales Rise Unexpectedly
Switzerland's retail trade increased 0.3 percent from a year earlier in February 2020, after showing no growth in the previous month and compared to market expectations of a 0.7 percent fall. Sales of food, beverages, tobacco jumped 4.7 percent (vs 0.7 percent in January), while non-food trade dropped 1.5 percent (vs 0.2 percent in January).
2020-03-31
Swiss Retail Sales Unexpectedly Fall
Switzerland's retail trade dropped 0.1 percent from a year earlier in January 2020, following an upwardly revised 0.8 percent growth in the previous month and missing market expectations of a 0.3 percent gain. Sales of food, beverages, tobacco declined 0.1 percent (vs 0.7 percent in December), while non-food trade rose 0.2 percent (vs 2.1 percent in December).
2020-02-28
Swiss Retail Sales Growth Eases in December
Switzerland’s retail trade edged up 0.1 percent from a year earlier in December 2019, following a revised 0.5 percent growth in the previous month and missing market expectations of 0.2 percent. Sales of non-food products rose 1.6 percent, the same pace as in November, while those of food, beverages, tobacco fell 0.3 percent (vs 1.1 percent in November). On a monthly basis, retail sales went down 0.4 percent, following a revised 0.3 percent gain in November.
2020-01-31

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.