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Financial News: Swiss Retail Sales Decline In April

Swiss Retail Sales Decline In April

05/31/2022 - 05:53:00 (RTTNews)

(RTTNews) - Switzerland's retail sales decreased in April, data from the Federal Statistical Office showed on Tuesday.

Retail sales declined a real 6.0 yearly in April and fell 1.2 percent from a month ago.

In nominal terms, retail sales adjusted for sales days and holidays declined a working-day adjusted 5.1 percent year-on-year in April.

Sales of food, beverages and tobacco fell 10.0 percent yearly in April and sales of non-food declined 3.8 percent, the agency said.

On a monthly basis, retail sales fell 1.2 percent in April.

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