Switzerland Retail Sales YoY

Switzerland’s retail trade declined 1.4 percent year-on-year in August 2019, following an upwardly revised 1.5 percent rise in the previous month and compared to market expectations of a 0.3 percent fall. That was the largest decline in sales since September last year, as sales of food, beverages, tobacco dropped 0.8 percent (vs 1.5 percent in July) and non-food trade decreased 1.0 percent (vs 2.3 percent in July). On a monthly basis, retail sales dropped 1.6 percent in August, after a 0.3 percent fall in July. 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.

Retail Sales YoY in Switzerland is expected to be 0.50 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 0.90 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.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-07-01	06:30 AM	Retail Sales YoY May	-1.7%	-0.8%	-0.4%	-0.3%
2019-08-05	06:30 AM	Retail Sales YoY Jun	0.7%	-1.1%	-0.6%	-0.8%
2019-09-02	06:30 AM	Retail Sales YoY Jul	1.4%	0.7%		0.4%
2019-10-01	06:30 AM	Retail Sales YoY Aug	-1.4%	1.5%	-0.3%	1%
2019-11-01	07:30 AM	Retail Sales YoY Sep		-1.4%		0.6%
2019-12-02	07:30 AM	Retail Sales YoY Oct

Switzerland Consumer	Last	Previous	Highest	Lowest	Unit
Consumer Confidence	-8.00	-9.30	19.90	-36.50	Index Points	[+]
Retail Sales MoM	-1.60	-0.30	4.50	-4.30	percent	[+]
Retail Sales YoY	-1.40	1.50	6.80	-4.20	percent	[+]
Consumer Spending	93515.60	93202.00	93515.60	51789.00	CHF Million	[+]
Personal Savings	12.70	12.50	13.90	6.50	percent	[+]
Households Debt To GDP	129.50	128.70	129.50	102.30	percent of GDP	[+]
Households Debt To Income	181.53	180.98	181.53	143.50	percent	[+]
Consumer Credit	886470.00	884577.00	886470.00	158152.00	CHF Million	[+]
Gasoline Prices	1.65	1.69	2.15	0.78	USD/Liter	[+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.