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Switzerland: Retail sales bounce back in June
Latest reading: Retail sales expanded 1.5% in month-on-month seasonally adjusted terms in June, which contrasted May’s 0.4% decrease. June’s figure marked the best reading since July 2024. The rebound was largely due to a notable recovery in food, beverages, and tobacco sales. In contrast, household equipment sales fell.
On an annual basis, retail sales rose at a faster rate of 3.8% in June (May: +0.3% yoy), the best result since February 2022.
