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Switzerland: Retail sales dips in April
Latest reading: Retail sales fell 0.3% month-on-month in seasonally adjusted terms in April (March: +0.2% mom). April’s figure was largely driven by a deterioration in food, beverages, and tobacco sales. In addition, household equipment sales fell.
On an annual basis, retail sales grew 1.3% in April, which was below March’s 2.1% expansion and marking the worst result since June 2024.
