Switzerland Retail Sales YoY

Switzerland’s retail trade fell 0.3 percent year-on-year in December 2018, following an upwardly revised 0.6 percent drop in the previous month and missing market consensus of 0.1 percent rise. It is the second straight month decline in retail sales, as non-food sales dropped 1.8 percent, the same as in November, while those of food, beverages & tobacco increased 1.4 percent (vs 0.9 percent in November). On a monthly basis, retail sales went down 0.2 percent in December. Retail Sales YoY in Switzerland averaged 1.28 percent from 2001 until 2018, 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 1.00 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 1.50 in 12 months time. In the long-term, the Switzerland Retail Sales YoY is projected to trend around 1.80 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-11-02	08:15 AM	Retail Sales YoY	-2.7%	0.5%	-0.2%	0.9%
2018-12-03	08:15 AM	Retail Sales YoY	0.8%	-2.5%		0.6%
2019-01-08	07:30 AM	Retail Sales YoY	-0.5%	1%	-0.7%	1.1%
2019-02-01	07:30 AM	Retail Sales YoY	-0.3%	-0.6%	0.1%	0.7%
2019-03-01	07:30 AM	Retail Sales YoY		-0.3%		0.4%
2019-04-01	06:30 AM	Retail Sales YoY
2019-05-02	06:30 AM	Retail Sales YoY				1%

Switzerland Consumer	Last	Previous	Highest	Lowest	Unit
Consumer Confidence	-4.00	-6.00	22.00	-51.00	Index Points	[+]
Retail Sales MoM	-0.30	-0.10	4.60	-4.30	percent	[+]
Retail Sales YoY	-0.30	-0.60	6.80	-4.20	percent	[+]
Consumer Spending	92700.20	92630.50	92700.20	51789.00	CHF Million	[+]
Personal Savings	13.50	14.40	14.40	6.50	percent	[+]
Households Debt To GDP	128.80	128.30	128.80	102.30	percent of GDP	[+]
Households Debt To Income	181.53	180.98	181.53	143.50	percent	[+]
Consumer Credit	869783.00	867920.00	869783.00	158152.00	CHF Million	[+]
Gasoline Prices	1.58	1.63	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 February of 2019.