Switzerland Annual Retail Sales

Retail Sales in Switzerland increased 4.20 percent in March of 2012 over the same month in the previous year. Historically, from 2002 until 2012, Switzerland Annual Retail Sales averaged 1.7900 Percent reaching an all time high of 12.6000 Percent in April of 2006 and a record low of -8.7000 Percent in April of 2008. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Switzerland Annual Retail Sales.


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Switzerland Annual Retail Sales


Retail Sales YoY
The Retail Sales report is an aggregated measure of the sales of retail goods over a certain period. Usually, the Retail sales report is based on a data sampling that is extrapolated to model an entire country. Generally, the retail sales report not only captures store sales, catalogue sales and other out of store sales but also breaks down sales figures into groups like food and beverages, clothing, and autos. The Retail sales report is one of the timeliest economic reports, providing data that is only a few weeks old. The most popular measure of retail sales is month over month, where the volume of retail sales in certain month is compared to the previous month. However, some countries prefer the year over year measure where the certain month is compared to the same month a year ago thus accounting for seasonality and other oscillations in retail sales data.



SWITZERLAND NEWS

Swiss Trade Surplus Narrows in April
Published: 5/24/2012 3:36:57 PM By: TradingEconomics.com, Federal Customs Administration
Switzerland's trade surplus fell unexpectedly in April due to a fall in exports, the Federal Customs Administration reported.

Swiss Trade Surplus Widens in February
Published: 3/22/2012 12:50:26 PM By: TradingEconomics.com
Switzerland's trade surplus reached 2.7 billion francs in February, up from the 1.6 billion francs in January, with the watch industry leading export growth.

Swiss National Bank Keeps Minimum Exchange Rate Unchanged
Published: 3/15/2012 5:18:30 PM By: TradingEconomics.com, SNB
The Swiss National Bank will continue to enforce the minimum exchange rate of CHF 1.20 per euro with the utmost determination. It is prepared to buy foreign currency in unlimited quantities for this purpose. The target range for the three-month Libor will remain unchanged at 0.00–0.25%. The SNB will continue to maintain liquidity on the money market at an exceptionally high level.

Swiss Inflation Falls In February
Published: 3/8/2012 12:34:56 PM By: TradingEconomics.com, Swiss Federal Statistical Office
Consumer prices in Switzerland fell 0.9 percent year-on-year in February, after 0.8 percent decline in January. In February 2011, prices rose 0.5 percent on an yearly basis.

Swiss Economy Expands In Q4
Published: 3/1/2012 11:38:28 AM By: TradingEconomics.com, Bloomberg
The Swiss economy unexpectedly expanded in the fourth quarter, bolstered by strong private consumption, foreign trade and gross fixed investments.

Swiss Exports Declines in December
Published: 2/2/2012 2:55:20 PM By: TradingEconomics.com, ABS
Exports from Switzerland fell in December, hurt by turmoil in the Euro Zone which slashed demand for Swiss goods and drove the franc currency to unfavorably strong levels as investors looked for a safe place to park their money.

Swiss Trade Surplus Rises In November
Published: 12/20/2011 1:58:45 PM By: TradingEconomics.com, Federal Customs Administration
The Swiss trade surplus hit CHF 3 billion in November, the second largest on record, up from CHF 2.16 billion during October.

SNB Holds Franc Peg at 1.20 to the Euro
Published: 12/15/2011 12:52:14 PM By: TradingEconomics.com, SNB
The Swiss National Bank kept the minimum floor unchanged at 1.20 Swiss francs against the euro, even as it warned of a highly uncertain international economic outlook, saying that a further escalation of the European sovereign debt crisis can't be ruled out.

Swiss Inflation Rate Declines in November
Published: 12/6/2011 12:36:39 PM By: TradingEconomics.com, SECO
The Swiss consumer price index fell 0.2% on the month, and 0.5% on the year in November, as the strong franc pushed automobile and food costs lower, outweighing higher energy and accommodation costs.

Swiss GDP Growth Slows to 0.2% in Q3
Published: 12/1/2011 1:42:47 PM By: TradingEconomics.com, Bloomberg
Switzerland’s economy grew at the slowest pace in more than two years in the third quarter as companies cut spending and exports slumped.

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