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Financial News: Swiss Retail Sales Rise In August

Swiss Retail Sales Rise In August

10/04/2021 - 05:12:00 (RTTNews)

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

Retail sales adjusted for sales days and holidays rose 0.5 percent year-on-year in August.

On a monthly basis, seasonally adjusted retail sales grew 1.1 percent in August.

Sales of food, beverages and tobacco rose 2.2 percent yearly in August and sales of non-food increased 2.4 percent, the agency said.

In nominal terms, retail sales increased 0.2 percent annually in August and gained 1.4 percent from a month ago.

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