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The Federal Statistical Office released its retail sales data for Switzerland on Monday. Retail sales in Switzerland dropped at an annual rate of 2.8% in March, after a 3.1% decline in February.



February's figure was revised down from a 2.7% decrease.



Retail sales excluding petrol prices fell 2.3%.



Sales of food, beverages and tobacco plunged 2.6%, while non-food sales were down 2.3%.

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