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Monday, April 3, 2017

Swiss Retail Sales Rise For First Time In 3 Months

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Switzerland's retail sales climbed for the first time in three months in February, the Federal Statistical Office reported Monday.

Retail sales grew by real 0.6 percent year-on-year in February, in contrast to a 1.2 percent fall in January. Excluding fuel, retail sales edged up 0.1 percent versus January's 1.5 percent decline.

Retail sales of food, drinks and tobacco decreased by 1.5 percent, whereas non-food sales grew 1.4 percent.

Excluding service stations, the retail sector showed an increase in real turnover of 0.5 percent in February.

On a monthly basis, retail sales climbed 0.6 percent in February.


The material has been provided by InstaForex Company - www.instaforex.com

April 03, 2017 at 04:04PM

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