Retail Sales in Switzerland
Retail sales drop again in March
Retail sales fell 1.9% year on year in calendar-adjusted terms in March (February: -0.5% c.a. yoy). March’s downturn was primarily driven by contractions in food, beverages, and tobacco and culture and recreation goods sales.
On a monthly basis, retail sales declined 0.1% in seasonally adjusted terms in March, contrasting February’s 0.5% expansion. Meanwhile, the trend improved, with the annual average variation of retail sales coming in at minus 1.2% in March, up from February’s minus 1.6% reading.
Switzerland Retail Sales Chart
Switzerland Retail Sales Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Retail Sales (ann. var. %) | 1.6 | 0.9 | 1.0 | 1.4 | 4.6 |