empty
 
 

2023.03.0113:21:00UTC+00Swiss Retail Sales Fall 2.2%

Switzerland's retail sales declined for the fourth successive month in January, as sales of both food and non-food items contracted, data from the Federal Statistical Office showed on Wednesday.

Retail sales adjusted for sales days and holidays fell a working-day adjusted 2.2 percent year-on-year in January, slower than the 3.0 drop in December.

Sales of food, beverages, and tobacco declined 3.3 percent yearly in January and those of non-food items decreased 2.3 percent, the agency said.

Retail sales, excluding service stations, deteriorated by 2.4 percent in January from a year ago, after a 3.3 percent fall a month ago.

On a monthly basis, retail sales grew a seasonally adjusted 0.6 percent at the start of the year.

In nominal terms, retail sales advanced 0.7 annually and by 1.2 percent monthly in January.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback