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Financial News: Swiss Retail Sales Rise For Fourth Month

Swiss Retail Sales Rise For Fourth Month

01/31/2020 - 07:16:00 (RTTNews)

(RTTNews) - Switzerland's retail sales rose for the fourth month in a row in December, data from the Federal Statistical Office showed on Friday.

Retail sales rose a working-day adjusted 0.1 percent year-on-year in December, following a 0.5 percent increase in November.

Sales of non-food sector rose 1.6 percent annually in December, while sales of food, beverages and tobacco fell 0.3 percent.

On a monthly basis, retail sales decreased 0.4 percent in December, reversing a 0.3 percent in the prior month. This was the lowest outcome in four months.

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