Switzerland Retail Sales MoM

Info

History

Chart

Impact:

Low

Source: Swiss Federal Statistical Office

Latest Release:

Date:

Surprise:

-1.3%

Actual:

-0.3%

Forecast: 1%

Previous/Revision:

0.2%

Period: Apr

Next Release:

Date:

Forecast: 0.1%

Period: May

What Does It Measure?

Switzerland's Retail Sales MoM measures the monthly change in the total sales revenue generated by retailers, focusing on consumer spending, which is a critical aspect of economic activity. Key indicators include changes in sales volume across various sectors, serving as a national indicator of consumer confidence and economic health.

Frequency

This report is released on a monthly basis, typically provided around the end of the month following the reporting period, presenting preliminary estimates that may later be revised.

Why Do Traders Care?

The Retail Sales MoM report is vital for traders because it provides insights into consumer spending patterns, influencing forecasts for economic growth and monetary policy decisions. A stronger-than-expected retail sales figure is often bullish for the Swiss Franc and equities, while a weaker reading may depress these assets.

What Is It Derived From?

This indicator is derived from a survey of retail establishments across Switzerland, where sales data is collected on a broad range of goods. The data is aggregated and analyzed to represent total retail sales, ensuring a comprehensive view of consumer spending behaviors.

Description

Retail Sales MoM compares the total sales revenue in a given month to that of the previous month, allowing analysts to identify short-term fluctuations in consumer spending. Since this measure reflects immediate changes in economic activity, it is particularly relevant for understanding shifts in consumer confidence and behavior.

Additional Notes

Retail Sales MoM is considered a coincident economic indicator, as it moves simultaneously with the economic cycle. It is often looked at in conjunction with other indicators, such as GDP growth and inflation rates, to assess the overall economic environment.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for CHF, Bullish for Stocks. Lower than expected: Bearish for CHF, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Jun 02, 2025	-0.3%	1%	0.2%	-1.3%
May 01, 2025	0.6%	0.3%	-1.3%	0.3%
Apr 01, 2025	-0.7%	0.1%	0.7%	-0.8%
Feb 28, 2025	-0.1%	0.2%	0.5%	-0.3%
Jan 31, 2025	0.6%	0.2%	-0.04%	0.4%
Jan 06, 2025	-0.1%	0.3%	0.1%	-0.4%
Dec 02, 2024	-0.1%	0.1%	-0.7%	-0.2%
Nov 01, 2024	-0.5%	0.1%	0.1%	-0.6%
Oct 01, 2024	0.4%	0.5%	2.2%	-0.1%
Sep 02, 2024	1.4%	-0.2%	-0.3%	1.6%
Aug 06, 2024	-0.1%	0.1%	-0.2%	-0.2%
Jul 01, 2024	0.2%	0.1%	0.1%	0.1%
May 31, 2024	0.2%	-1.1%	-0.3%	1.3%
May 02, 2024	-0.4%	0.8%	0.1%	-1.2%
Apr 02, 2024	-0.1%	-0.3%	0.8%	0.2%
Mar 01, 2024	0.7%	0.4%	-0.3%	0.3%
Jan 31, 2024	-0.6%	0.2%	0.7%	-0.8%
Jan 08, 2024	0.7%	0.5%	0.4%	0.2%
Nov 30, 2023	0.2%	-0.3%	0.8%	0.5%
Oct 31, 2023	0.8%	0.5%	0.3%	0.3%
Oct 02, 2023	0.4%	1.7%	-2.4%	-1.3%
Aug 31, 2023	-2.3%	-1.2%	1.5%	-1.1%
Jul 28, 2023	2%	-0.7%	2.1%	2.7%
Jun 30, 2023	2.1%	1.2%	-2.2%	0.9%
May 31, 2023	-2%	-0.4%	-0.3%	-1.6%
Apr 28, 2023	-0.1%	-0.8%	0.5%	0.7%
Mar 31, 2023	1.1%	0.4%	1.1%	0.7%
Mar 01, 2023	0.6%	0.8%	-1.6%	-0.2%
Jan 31, 2023	-1.7%	0.5%	1.5%	-2.2%
Jan 06, 2023	1.5%	1.6%	-2.3%	-0.1%
Dec 01, 2022	-2.7%	0.3%	0.9%	-3%
Oct 31, 2022	0.9%	-0.4%	0.9%	1.3%
Sep 30, 2022	1.2%	0.6%	0.1%	0.6%
Sep 01, 2022	-0.5%	-0.2%	0.2%	-0.3%
Jul 29, 2022	0.1%	-0.3%	1.3%	0.4%
Jun 30, 2022	1.1%	0.5%	-0.9%	0.6%
May 31, 2022	-1.2%	0.3%	1%	-1.5%
Apr 29, 2022	0.8%	0.3%	0.1%	0.5%
Mar 31, 2022	0.3%	-0.6%	-0.3%	0.9%
Feb 28, 2022	-0.4%	1.4%	-1.9%	-1.8%
Feb 01, 2022	-2%	-0.8%	1.2%	-1.2%
Jan 07, 2022	1.3%		0.6%
Dec 02, 2021	0.7%	0.1%	0.1%	0.6%
Nov 02, 2021	0.1%	0.5%	1.4%	-0.4%
Oct 04, 2021	1.1%	1.5%	-2.6%	-0.4%
Sep 02, 2021	-2.8%	2.8%	-3.7%	-5.6%
Aug 02, 2021	-3.5%	0.8%	-2.3%	-4.3%
Jul 01, 2021	-1.8%	3.2%	-2.9%	-5%
Jun 01, 2021	-4.4%	-16.3%	22.3%	11.9%
Apr 30, 2021	22.1%	4.2%	-5.3%	17.9%
Apr 01, 2021	-5.2%	3.2%	-6.4%	-8.4%
Mar 01, 2021	-5.3%	-1.8%	2.3%	-3.5%
Feb 01, 2021	2.6%	-1.2%	-2%	3.8%
Jan 07, 2021	-2%	-2%	3.6%
Nov 30, 2020	3.2%	0.8%	-3.2%	2.4%
Oct 30, 2020	-3.6%	0.8%	-0.7%	-4.4%
Oct 01, 2020	-1.9%	-0.4%	0%	-1.5%
Aug 31, 2020	0.7%	1.5%	-2.3%	-0.8%
Jul 31, 2020	-3.8%	-3%	30.3%	-0.8%
Jun 30, 2020	30.7%	5.8%	-13.6%	24.9%
Jun 02, 2020	-14.7%	-10.8%	-6.7%	-3.9%
Apr 30, 2020	-6.2%	-4.2%	0.3%	-2%
Mar 31, 2020	0.4%		-0.5%
Feb 28, 2020	-0.6%	0.2%	-0.5%	-0.8%
Jan 31, 2020	-0.4%	0.4%	0.3%	-0.8%
Jan 09, 2020	-0.1%	0.3%	0.7%	-0.4%
Dec 02, 2019	1%	1.1%	-0.2%	-0.1%
Nov 01, 2019	-0.3%	1%	-1.1%	-1.3%
Oct 01, 2019	-1.6%	0.4%	-0.3%	-2%
Sep 02, 2019	-0.1%	-0.7%	1.2%	0.6%
Aug 05, 2019	1.5%	0.6%	-1%	0.9%
Jul 01, 2019	-1.3%	0.4%	0.1%	-1.7%
May 31, 2019	0.2%	0.3%	0%	-0.1%
May 02, 2019	-0.2%	-0.4%	0.5%	0.2%
Apr 01, 2019	0.3%	-0.2%	-0.1%	0.5%
Mar 01, 2019	-0.3%	-0.2%	-0.2%	-0.1%
Feb 01, 2019	-0.3%	0.5%	-0.1%	-0.8%
Jan 08, 2019	0.2%	-0.7%	2.4%	0.9%
Dec 03, 2018	1.9%	1%	-1.6%	0.9%
Nov 02, 2018	-1.6%	0.9%	0%	-2.5%
Oct 01, 2018	0.3%	0.6%	-1.4%	-0.3%
Sep 03, 2018	-1%	0.2%	0.3%	-1.2%
Aug 02, 2018	0.5%	0.5%	-1%
Jul 02, 2018	-1.3%	0.4%	0.4%	-1.7%
May 31, 2018	0%	0.2%	0.2%	-0.2%
May 02, 2018	0.1%	-0.7%	0.5%	0.8%
Apr 03, 2018	0.3%	1.1%	-0.3%	-0.8%
Mar 01, 2018	-0.7%	0.5%	-1.5%	-1.2%
Feb 01, 2018	-0.7%	0.4%	1.5%	-1.1%
Jan 09, 2018	1.3%	0.9%	-1.2%	0.4%
Nov 30, 2017	-1.5%	-0.1%	0.9%	-1.4%
Nov 02, 2017	0.5%	0.2%	-0.7%	0.3%
Oct 02, 2017	-0.2%	0.6%	-0.9%	-0.8%
Sep 01, 2017	-1.3%	0.3%	0.9%	-1.6%
Aug 02, 2017	0.8%	0.5%	0.5%	0.3%
Jul 03, 2017	0.3%	1.6%	-2.7%	-1.3%
Jun 01, 2017	-2.4%	-0.6%	1.2%	-1.8%
May 01, 2017	0.7%	-0.3%	0.6%	1%
Apr 03, 2017	0.6%	-0.4%	0.6%	1%
Mar 02, 2017	0.6%	0.7%	-2.3%	-0.1%
Feb 02, 2017	-2.4%	0.1%	0.9%	-2.5%
Jan 09, 2017	0.7%	0.6%	1.2%	0.1%
Dec 01, 2016	1.2%	0.5%	0.2%	0.7%
Nov 01, 2016	0.2%	-0.1%	-0.6%	0.3%
Oct 03, 2016	-0.6%	-0.4%	0%	-0.2%
Sep 01, 2016	0.2%	0.4%	-0.5%	-0.2%
Aug 02, 2016	-0.5%	-0.09%	0%	-0.41%
Jul 01, 2016	0.2%	0.2%	0.1%
Jun 01, 2016	0.1%	0.71%	-0.4%	-0.61%
May 02, 2016	-0.3%	0.7%	-0.6%	-1%
Apr 01, 2016	-0.4%	0.24%	-0.6%	-0.64%
Mar 01, 2016	-0.3%	-0.27%	1.1%	-0.03%
Feb 02, 2016	1.1%	0.82%	-0.6%	0.28%
Jan 11, 2016	-0.8%	0.03%	0.3%	-0.83%
Dec 01, 2015	0.3%	0.17%	0.1%	0.13%
Nov 02, 2015	0.1%	-0.3%	0.5%	0.4%
Oct 01, 2015	0.5%	0.21%	-0.6%	0.29%
Sep 14, 2015	-0.6%	0.69%	1.4%	-1.29%
Aug 17, 2015	1.4%	0.41%	-1.4%	0.99%
Jul 16, 2015	-1.4%	-1.19%	2.1%	-0.21%
Jun 15, 2015	2.1%	0.42%	0.7%	1.68%
May 18, 2015	0.7%	0.01%	-1.2%	0.69%