Retail Sales in Switzerland
The Swiss economy recorded an average growth rate of 0.8% in retail sales over the decade to 2024, same level as 's average of %. In 2024, Switzerland's retail sales growth was 1.0%.
Switzerland Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Switzerland from 2017 to 2023.
Source: Macrobond.
Switzerland Retail Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Retail Sales (ann. var. %) | 1.0 | 1.4 | 4.6 | -0.1 | -1.6 |
Retail sales fall at sharpest rate since September 2024 in May
Latest reading: Retail sales fell 0.6% month on month in seasonally adjusted terms in May (April: -0.2% mom s.a). The result marked the worst reading since September 2024. May's reading largely reflected a deterioration in food, beverages, and tobacco and automotive fuel sales. On an annual basis, retail sales was flat in May (April: +0.9% yoy), the worst result since June 2024.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Swiss retail projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Swiss retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Swiss retail projections.
Want to get access to the full dataset of Swiss retail forecasts? Send an email to info@focus-economics.com.
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