• Swiss retail sales declined y/y

Market news

3 April 2018

Swiss retail sales declined y/y

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.1% decrease in nominal turnover in February 2018 compared with February 2017 (in real terms -0.2%). Retail sales of food, drinks and tobacco registered an increase in nominal turnover of 0.8% (in real terms +1.1%), whereas the non-food sector registered a nominal negative of 1.0% (in real terms -0.7%).

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