31.07.202606:50:23UTC+00Swiss Retail Sales Growth Slows in June

Retail sales in Switzerland increased by 1.5% year-on-year in June 2026, undershooting market expectations for a 3.2% rise and decelerating from a downwardly revised 3.4% gain in May, an eleven-month high. The loss of momentum was broad-based across most retail segments, with total trade excluding service stations easing to 1.5% growth from 3.2% in the previous month.

Among non-food retailers, turnover growth slowed markedly to 1.0% from 3.8%, driven primarily by declines in sales of other goods (-1.9% vs 5.3%) and in mail-order and internet trade (-3.7% vs 6.0%). At the same time, revenues from food, beverages, and tobacco moderated to 2.1% from 2.5%, while activity at service stations remained notably weak, with sales contracting 9.6% after a 6.1% drop in May.

On a seasonally adjusted monthly basis, retail sales edged up 0.2% in June, the smallest increase since October of the previous year, slowing from an upwardly revised 0.9% gain in the prior month.