• Swiss June retail turnover rises for third month

Market news

12 August 2013

Swiss June retail turnover rises for third month

Switzerland's retail sales turnover increased for the third consecutive month in June, provisional results from the Federal Statistical Office showed Monday.

Real turnover grew 2.3 percent from a year ago, following May's 1.5 percent rise. Similarly, excluding fuel sales, overall turnover climbed at a faster pace of 2 percent after increasing 1.6 percent in May.

Sales of food, drinks and tobacco registered a 1.3 percent fall in turnover, while non-food sector logged an annual increase of 4 percent.

Month-on-month, real retail turnover gained 0.5 percent, offsetting the 0.3 percent drop in May. But turnover excluding fuel, advanced 0.3 percent, it said.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.