Retail sales in Switzerland slowed their growth pace

Note: This section contains information in English only.
Source: RTTNews
The Federal Statistical Office reported on Monday that retail sales experienced a severe slowdown in its growth rate in January. Retail sales added 1.9% on a year-over-year inflation adjusted basis in January, while the figure for December experienced a gain of 4.7% on a yearly basis. Turnover in retail sector declined by 0.5% on a seasonally adjusted basis.
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