Retail sales in Switzerland increased 5.8 percent year-on-year in November of 2021, accelerating sharply from an upwardly revised 2.2 percent rise in the previous month. It was the highest rate in retail sales since April, as non-food sales accelerated (9.0 percent vs 3.7 percent in October) while those of food, beverages & tobacco dropped much less (-0.1 percent vs -2.5 percent). On a monthly basis, retail sales rose 1.3 percent, following a downwardly revised 0.6 percent growth in October. source: Swiss Federal Statistical Office
Retail Sales YoY in Switzerland averaged 1.69 percent from 2001 until 2021, reaching an all time high of 38.30 percent in April of 2021 and a record low of -18.40 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 January of 2022.
Retail Sales YoY in Switzerland is expected to be 5.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Retail Sales YoY is projected to trend around 3.40 percent in 2023, according to our econometric models.