FOREX TradingCharts.com

Financial News: Swiss Consumer Prices Fall; Retail Sales Rise

Swiss Consumer Prices Fall; Retail Sales Rise

10/01/2020 - 06:14:00 (RTTNews)

(RTTNews) - Switzerland's consumer prices declined further in September and retail sales grew, data from the Federal Statistical Office showed on Thursday.

The consumer price index decreased 0.8 percent year-on-year in September, following a 0.9 percent fall in August. Economists had expected a 0.7 percent fall.

On a monthly basis, consumer prices remained unchanged in August. This was in line with economists' expectation.

Prices for international package holidays and hotel accommodation declined in September. Meanwhile, prices for clothing and footwear, and other fruits increased.

The core CPI fell 0.3 percent annually in September and remained unchanged from the previous month.

The EU measure of harmonized index of consumer prices fell 0.1 percent monthly in September and declined 1.1 percent from the previous year.

Separate data from the statistical office showed that the retail sales grew a working-day adjusted 2.5 percent year-on-year in August.

Sales of food, beverages and tobacco gained 8.1 percent yearly in August, while non-food sector sales fell 0.4 percent.

On a monthly basis, seasonally adjusted retail sales fell 1.9 percent in August.

In nominal terms, retail sales rose 1.6 percent annually in August and decreased 2.1 percent from a month ago.

Elsewhere, survey data revealed that the procure.ch Swiss manufacturing PMI rose to 53.1 in September from 51.8 in August. Economists had expected a reading of 54.0.

Any reading above 50.0 indicates expansion in the sector.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Consumer Sentiment Improves Slightly More Than Initially Estimated In October (07 hr(s), 35 min(s), 17 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. improved slightly more than initially estimated in the ...Full Story»

Chicago Business Barometer Indicates Slightly Slower Growth In October (07 hr(s), 37 min(s), 17 sec(s) ago)
(RTTNews) - Chicago-area business activity saw continued growth in the month of October, according ...Full Story»

Eurozone Q3 GDP Expands Most On Record (08 hr(s), 16 min(s), 17 sec(s) ago)
(RTTNews) - The euro area economy expanded at the fastest pace on record in the third quarter afte ...Full Story»

U.S. Personal Income Rebounds In September, Spending Jumps More Than Expected (08 hr(s), 23 min(s), 17 sec(s) ago)
(RTTNews) - After reporting a sharp decrease in U.S. personal income in the previous month, the Co ...Full Story»

Italy Consumer Prices Decline Slows In October (09 hr(s), 14 min(s), 17 sec(s) ago)
(RTTNews) - Italy's consumer prices declined at a softer pace in October, data from the statis ...Full Story»

U.S. Personal Income Climbs More Than Expected In September (09 hr(s), 16 min(s), 17 sec(s) ago)
(RTTNews) - After reporting a sharp decrease in U.S. personal income in the previous month, the Co ...Full Story»

Portugal Consumer Prices Fall In October (09 hr(s), 18 min(s), 17 sec(s) ago)
(RTTNews) - Portugal's consumer prices declined in October, preliminary data from Statistics P ...Full Story»

Greece Producer Prices, Retail Sales Decline (09 hr(s), 16 min(s), 17 sec(s) ago)
(RTTNews) - Greece producer prices declined at a faster pace in September, data from the Hellenic ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Improves Slightly More Than Initially Estimated In October

10/30/2020 - 10:19 AM (RTTNews)
(RTTNews) - Consumer sentiment in the U.S. improved slightly more than initially estimated in the ...Full Story>>

Chicago Business Barometer Indicates Slightly Slower Growth In October

10/30/2020 - 10:17 AM (RTTNews)
(RTTNews) - Chicago-area business activity saw continued growth in the month of October, according ...Full Story>>

Eurozone Q3 GDP Expands Most On Record

10/30/2020 - 09:38 AM (RTTNews)
(RTTNews) - The euro area economy expanded at the fastest pace on record in the third quarter afte ...Full Story>>

U.S. Personal Income Rebounds In September, Spending Jumps More Than Expected

10/30/2020 - 09:31 AM (RTTNews)
(RTTNews) - After reporting a sharp decrease in U.S. personal income in the previous month, the Co ...Full Story>>

Italy Consumer Prices Decline Slows In October

10/30/2020 - 08:40 AM (RTTNews)
(RTTNews) - Italy's consumer prices declined at a softer pace in October, data from the statis ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.