The Federal Statistical Office released its retail sales data for Switzerland on Wednesday. Retail sales in Switzerland were down at an annual rate of 1.9% in April, after a 1.6% decrease in March. March's figure was revised down from a 1.3% decline.

Sales of food, beverages and tobacco fell at an annual rate of 0.8% in April, while non-food sales dropped 3.4%.

On a monthly basis, retail sales rose by 0.1% in April, after a 0.4% drop in March. March's figure was revised down from a 0.3% fall.

Sales of food, beverages and tobacco declined 0.3% in April, while non-food sales climbed 1.2%.