Retail sales in Switzerland increased 3.1 percent year-on-year in October of 2020, following a 0.4 percent gain in the previous month. Sales rose faster for food, beverages and tobacco (4.7 percent vs 1.6 percent) and fell much less for non-food (-0.1 percent vs -1.2 percent). On a monthly basis, retail sales went up 3.2 percent, rebounding from a 3.2 percent fall in September. source: Swiss Federal Statistical Office

Retail Sales YoY in Switzerland averaged 1.18 percent from 2001 until 2020, reaching an all time high of 7 percent in May of 2020 and a record low of -19.10 percent in April 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 November of 2020.

Retail Sales YoY in Switzerland is expected to be -1.20 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 1.80 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
3.10 0.40 7.00 -19.10 2001 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-31 06:30 AM Jul 4.1% 3.3% 1.2%
2020-10-01 06:30 AM Aug 2.5% 3.6% 3.2%
2020-10-30 07:30 AM Sep 0.3% 4.0% 1.4%
2020-11-30 07:30 AM Oct 3.1% 0.4% 1%
2021-01-08 07:30 AM Nov 3.1%
2021-02-01 07:30 AM Dec
2021-03-01 07:30 AM Jan
2021-03-31 06:30 AM Feb


News Stream
Switzerland Retail Sales Rise Faster in October
Retail sales in Switzerland increased 3.1 percent year-on-year in October of 2020, following a 0.4 percent gain in the previous month. Sales rose faster for food, beverages and tobacco (4.7 percent vs 1.6 percent) and fell much less for non-food (-0.1 percent vs -1.2 percent). On a monthly basis, retail sales went up 3.2 percent, rebounding from a 3.2 percent fall in September.
2020-11-30
Switzerland Retail Sales Rise the Least in 5 Months
Switzerland's retail sales increased 0.3 percent from a year earlier in September 2020, the least since April, slowing from an upwardly revised 4.0 percent gain in the previous month. Food, beverages and tobacco trade rose 5.1 percent (vs 8.4 percent in August) while non-food sales fell 2.0 percent (vs 2.2 percent in August). On a monthly basis, retail trade dropped 3.6 percent, after a downwardly revised 0.7 percent decline in August.
2020-10-30
Swiss Retail Sales Rise the Least in 4 Months
Switzerland's retail sales increased 2.5 percent from a year earlier in August 2020, slowing from a downwardly revised 3.6 percent rise in the previous month. Food, beverages and tobacco trade rose 8.1 percent (vs 7.8 percent in July) while non-food sales fell 0.4 percent (vs 1.7 percent in July). On a monthly basis, retail trade dropped 1.9 percent, after a flat reading in July.
2020-10-01
Swiss Retail Sales Rise at Faster Pace in July
Switzerland's retail sales increased 4.1 percent from a year earlier in July 2020, accelerating from an upwardly revised 3.3 percent rise in the previous month. Food, beverages, tobacco trade jumped 7.9 percent (vs 7.2 percent in June) and non-food sales advanced 3.0 percent (vs 2.5 percent in June). On a monthly basis, retail trade jumped 0.7 percent, recovering from a 2.3 percent drop in June.
2020-08-31

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.