Retail sales in Switzerland dropped 1.6 percent year-on-year in May of 2022, after a downwardly revised 5.5 percent fall in the previous month. It was the third straight month of decline in retail sales, as sales of food, beverages & tobacco continued to fall (-6.5 percent vs -8.8 percent in April). Meanwhile, sales of non-food items rebounded (0.8 percent vs -5.3 percent in March). On a monthly basis, retail sales grew 1.1 percent, recovering from a downwardly revised 0.9 percent decrease in April. source: Swiss Federal Statistical Office

Retail Sales YoY in Switzerland averaged 1.67 percent from 2001 until 2022, reaching an all time high of 38.20 percent in April of 2021 and a record low of -18.30 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 July of 2022.

Retail Sales YoY in Switzerland is expected to be 5.10 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.

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Switzerland Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-05-31 06:30 AM Apr -6% -6.6% -5.8%
2022-06-30 06:30 AM May -1.6% -5.5% -6.3%
2022-07-29 06:30 AM Jun -1.6%


Related Last Previous Unit Reference
Retail Sales MoM 1.10 -0.90 percent May 2022
Retail Sales YoY -1.60 -5.50 percent May 2022
Personal Savings 19.00 13.30 percent Dec 2020

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.
Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -5.50 38.20 -18.30 2001 - 2022 percent Monthly
WDA

News Stream
Switzerland Retail Sales Fall at Softer Pace
Retail sales in Switzerland dropped 1.6 percent year-on-year in May of 2022, after a downwardly revised 5.5 percent fall in the previous month. It was the third straight month of decline in retail sales, as sales of food, beverages & tobacco continued to fall (-6.5 percent vs -8.8 percent in April). Meanwhile, sales of non-food items rebounded (0.8 percent vs -5.3 percent in March). On a monthly basis, retail sales grew 1.1 percent, recovering from a downwardly revised 0.9 percent decrease in April.
2022-06-30
Switzerland Retail Sales Fall for 2nd Month
Retail sales in Switzerland fell 6.0 percent year-on-year in April of 2022, after a 6.6 percent drop in the previous month. It was the second straight month of decline in retail sales, as sales of both non-food items (-5.1 percent vs -6.8 percent in March) and food, beverages & tobacco (-9.9 percent vs -9.7 percent) dropped further. On a monthly basis, retail sales decreased 1.2 percent, the first monthly decline in three months, reversing from an upwardly revised 1.0 percent gain in March.
2022-05-31
Switzerland Retail Sales Fall the Most in 13 Months
Retail sales in Switzerland slumped 6.6 percent year-on-year in March of 2022, reversing sharply from a downwardly revised 12.5 percent jump in the previous month. It was the first decline in retail sales in eight months, and its steepest fall since February 2021, as sales of non-food items fell strongly (-6.9 percent vs 31.2 percent in February), while those of food, beverages & tobacco dropped much more (-9.0 percent vs -2.6 percent). On a monthly basis, retail sales rose 0.8 percent, the most in seven months, accelerating from a downwardly revised 0.1 percent growth in February.
2022-04-29