Switzerland’s retail trade showed no growth from a year earlier in November 2019, following a downwardly revised 0.4 percent growth in the previous month, and missing market expectations of 0.4 percent. Sales of non-food products rose at softer pace (0.6 percent vs 1.7 percent in October), while those of food, beverages, tobacco rebounded firmly (0.9 percent vs -0.2 percent). On a monthly basis, retail sales edged down 0.1 percent in November, after a 0.7 percent rise in October.
Retail Sales YoY in Switzerland averaged 1.23 percent from 2001 until 2019, reaching an all time high of 6.80 percent in September of 2008 and a record low of -4.20 percent in December of 2016. 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.
Retail Sales YoY in Switzerland is expected to be 0.80 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 1.10 in 12 months time. In the long-term, the Switzerland Retail Sales YoY is projected to trend around 1.60 percent in 2020, according to our econometric models.