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Financial News: Swiss Retail Sales Increase In November

Swiss Retail Sales Increase In November

01/07/2022 - 07:23:00 (RTTNews)

(RTTNews) - Switzerland's retail sales increased in November, preliminary data from the Federal Statistical Office showed on Friday.

Retail sales adjusted for sales days and holidays rose 5.8 percent year-on-year in November.

On a monthly basis, seasonally adjusted retail sales increased 1.3 percent in November.

Sales of food, beverages and tobacco fell 0.1 percent yearly in November, while sales of non-food grew 9.0 percent, the agency said.

In nominal terms, retail sales increased 5.4 percent annually in November and gained 1.4 percent from a month ago.

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