empty
 
 

2023.10.3107:55:00UTC+00Swiss Retail Sales Slump Eases Sharply

Retail sales in Switzerland fell for a third straight month in September, but the pace of decline slowed sharply, preliminary data from the Federal Statistical Office showed Tuesday.

Retail sales adjusted for inflation as well as sales days and holidays fell 0.6 percent year-on-year in September following a 2.2 percent decline in August and a 2.7 percent drop in July. Economists had forecast a 1.9 percent decrease. Sales grew 0.8 percent from the previous month. Excluding service stations, retail sales decreased 0.5 percent year-on-year after a 1.7 percent decline in the previous month. Sales of food, drinks and tobacco shrunk 1.1 year-on-year, whereas those of the non-food products decreased 0.6 percent. On a month-on-month basis, food sales grew 0.2 percent and non-food sales rose 1.1 percent.

  • 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 $9000 more!
    In May we raffle $9000 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
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 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