Retail sales in Switzerland jumped 4.7 percent year-on-year in December of 2020, following an upwardly revised 1.8 percent gain in the previous month, the 8th consecutive month of rising retail sales. Despite the impact of the Covid-19 pandemic, provisional results showed a 0.8 percent gain in retail trade for full 2020. While retail sales of food, drinks and tobacco jumped 8.2 percent, the non-food sector went down 3.5 percent, with service stations (6 percent); clothing, chemists, watches and jewellery (-11.8 percent); and cultural and recreation goods (-8 percent) recording the biggest decreases. source: Swiss Federal Statistical Office

Retail Sales YoY in Switzerland averaged 1.20 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 February of 2021.

Retail Sales YoY in Switzerland is expected to be 4.50 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 4.80 in 12 months time. In the long-term, the Switzerland Retail Sales YoY is projected to trend around 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
4.70 1.80 7.00 -19.10 2001 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
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%
2021-01-07 07:30 AM Nov 1.7% 4.3% 1.6%
2021-02-01 07:30 AM Dec 4.7% 1.8% 1.1%
2021-03-01 07:30 AM Jan 4.7% 2%
2021-04-01 06:30 AM Feb
2021-04-30 06:30 AM Mar
2021-06-01 06:30 AM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Switzerland Retail Sales Extend Gains
Retail sales in Switzerland jumped 4.7 percent year-on-year in December of 2020, following an upwardly revised 1.8 percent gain in the previous month, the 8th consecutive month of rising retail sales. Despite the impact of the Covid-19 pandemic, provisional results showed a 0.8 percent gain in retail trade for full 2020. While retail sales of food, drinks and tobacco jumped 8.2 percent, the non-food sector went down 3.5 percent, with service stations (6 percent); clothing, chemists, watches and jewellery (-11.8 percent); and cultural and recreation goods (-8 percent) recording the biggest decreases.
2021-02-01
Switzerland Retail Sales Gain for 7th Month
Retail sales in Switzerland increased 1.7 percent year-on-year in November of 2020, following an upwardly revised 4.3 percent gain in the previous month. It is the 7th consecutive month of rising retail sales, with those of information and communication equipment increasing the most (48.2 percent), followed by food, beverages and tobacco (7.7 percent), and household equipment and textiles (5.6 percent). On a monthly basis, retail sales shrank 2 percent after a 3.6 percent gain in October.
2021-01-07
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

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.