Switzerland

Retail Sales

-2.36
percent change, year-over-year
Source: IMF

Global Ranking

49
Taiwan-0.67
51
Hong Kong-1.53
52
Italy-2.33
54
Lithuania-2.85
55
Estonia-3.24
56
Finland-3.34
57
Bermuda-3.72
58
Austria-3.85

Europe Ranking

16
Spain0.96
17
Bulgaria0.49
17
Portugal0.49
19
France-0.24
20
Italy-2.33
22
Lithuania-2.85
23
Estonia-3.24
24
Finland-3.34
25
Austria-3.85
26
Slovakia-4.2
26
Moldova-4.2

News

Definition of Retail Sales

The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year. The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.

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