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.