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    01.03.2016 14:36 Swiss retail sales rise 0.2% year-on-year in January

    The Federal Statistical Office released its retail sales data for Switzerland on Tuesday. Retail sales in Switzerland were up at an annual rate of 0.2% in January, beating expectations for a 1.2% decline, after a 1.7% decrease in December. December's figure was revised down from a 1.6% drop.

     

    Sales of food, beverages and tobacco declined at an annual rate of 1.0% in January, while non-food sales climbed 2.7%.

     

    On a monthly basis, retail sales fell by 0.3% in January, after a 0.9% rise in December. December's figure was revised down from a 1.1% gain.

     

    Sales of food, beverages and tobacco were flat in January, while non-food sales decreased 0.2%.


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