Switzerland's retail sales rose 1.1 percent from a year earlier in June 2020, slowing from a downwardly revised 6.2 percent jump in the previous month. Food, beverages, tobacco trade rose at a softer 5.7 percent (vs 19.1 percent in May), while non-food sales rebounded (0.1 percent vs -1.3 percent). On a monthly basis, sales were down 3.8 percent in June.

Retail Sales YoY in Switzerland averaged 1.14 percent from 2001 until 2020, reaching an all time high of 6.80 percent in September of 2008 and a record low of -18.80 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 August of 2020.

Retail Sales YoY in Switzerland is expected to be -2.80 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 3.60 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
1.10 6.20 6.80 -18.80 2001 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-30 06:30 AM Mar -5.6% 0.3% -3.6%
2020-06-02 06:30 AM Apr -19.9% -5.8% -16%
2020-06-30 06:30 AM May 6.6% -18.8% -14.6%
2020-07-31 06:30 AM Jun 1.1% 6.2% 1%
2020-08-31 06:30 AM Jul 1.1%
2020-10-01 06:30 AM Aug
2020-10-30 07:30 AM Sep -2.8%
2020-11-30 07:30 AM Oct


News Stream
Swiss Retail Sales Growth Eases in June
Switzerland's retail sales rose 1.1 percent from a year earlier in June 2020, slowing from a downwardly revised 6.2 percent jump in the previous month. Food, beverages, tobacco trade rose at a softer 5.7 percent (vs 19.1 percent in May), while non-food sales rebounded (0.1 percent vs -1.3 percent). On a monthly basis, sales were down 3.8 percent in June.
2020-07-31
Swiss Retail Sales Rise the Most in 11-1/2 Years
Switzerland's retail sales jumped 6.6 percent from a year earlier in May 2020, the sharpest increase since September 2008, recovering from a downwardly revised 18.8 percent drop in the previous month, as parts of the economy reopened after some containment measures were relaxed. Food, beverages, tobacco trade rose at a faster 20.1 percent (vs 3.9 percent in April), while non-food sales fell much less (-1.7 percent vs -39 percent).
2020-06-30
Swiss Retail Sales Fall at Record Pace
Switzerland's retail sales plunged 19.9 percent from a year earlier in April 2020, the sharpest decline since the series began in 2001, as the COVID-19 crisis hit the economy. Non-food sales tumbled 40.2 percent (vs -16.9 percent in March), while food, beverages, tobacco trade rose at a softer 3.5 percent (vs 9.5 percent in March).
2020-06-02
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

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.