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Switzerland’s retail trade increased 0.7 percent year-on-year in October 2019, following an upwardly revised 1.6 percent growth in the previous month. Sales of non-food rose at softer 2.8 percent (vs 3.7 percent in September), while those of food, beverages, tobacco fell 0.9 percent (vs 0.8 percent in September). On a monthly basis, retail sales went up 1.0 percent in October, after a revised 0.2 percent drop in September.

Switzerland’s retail trade increased 0.9 percent year-on-year in September 2019, following a downwardly revised 1.0 percent fall in the previous month. Sales of food, beverages, tobacco rose 0.3 percent (vs -0.2 percent in August) and non-food trade jumped 2.9 percent (vs -0.7 percent in August). On a monthly basis, retail sales dropped 0.3 percent in September, after a downwardly revised 1.1 percent drop in August.

Switzerland’s retail trade declined 1.4 percent year-on-year in August 2019, following an upwardly revised 1.5 percent rise in the previous month and compared to market expectations of a 0.3 percent fall. That was the largest decline in sales since September last year, as sales of food, beverages, tobacco dropped 0.8 percent (vs 1.5 percent in July) and non-food trade decreased 1.0 percent (vs 2.3 percent in July). On a monthly basis, retail sales dropped 1.6 percent in August, after a 0.3 percent fall in July.

Switzerland’s retail trade increased 1.4 percent year-on-year in July 2019, the most since October last year, following a 0.7 percent rise in the previous month. Sales of food, beverages, tobacco advanced 1 percent (-0.1 percent in June) and non-food trade jumped 2.4 percent (vs 1.3 percent in June). On a monthly basis, retail sales were 0.1 percent lower in July, reversing a downwardly revised 1.2 percent gain in June.

Switzerland’s retail trade unexpectedly jumped 0.7 percent year-on-year in June 2019, following a downwardly revised 1.1 percent drop in the previous month and beating market consensus of a 0.6 percent decline. This was the first yearly increase in retail trade since October last year, as non-food sales rose faster (1.7 percent vs 0.4 percent in May) while food, beverages & tobacco sales fell at a slower pace (-0.7 percent vs -2.7 percent). On a monthly basis, retail sales were up 1.5 percent in June, reversing a 1 percent decline in May.

Switzerland’s retail trade fell 1.7 percent year-on-year in May 2019, following a revised 0.8 percent drop in the previous month and worse than market consensus of a 0.4 percent decline. This was the seventh straight month of decrease in retail trade and the steepest fall since September 2018, amid declines in both non-food sales (-0.8 percent vs -1.4 percent in April) and food, beverages & tobacco sales (-2.9 percent vs -0.1 percent). On a monthly basis, retail sales went down 1.3 percent in May, the first monthly decline since January.