Tue, 03 Apr 2012 06:15:21 GMT
Swiss retail sales slowed in February
Switzerland's retail sales growth decelerated in February, said Federal Statistical Office on Monday. The growth of Swiss retail turnover slowed rapidly from annual 4.7% in January to 0.8% in February. Sales in nominal terms shed 2.2% on year-on-year basis. Eliminating gasoline, the retail industry posted a yearly advance in real turnover of 0.4%. Food, tobacco and drinks added 0.3% while non food sector