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Switzerland’s retail sales -1.3% vs. 0.3% forecast

Published 2016-05-02, 03:15 a/m
© Reuters. Switzerland’s retail sales -1.3% vs. 0.3% forecast
Investing.com - Retail sales in Switzerland fell unexpectedly last month, official data showed on Monday.

In a report, the Federal Statistics Bureau said that retail sales fell to a seasonally adjusted annual rate of -1.3%, from -0.4% in the preceding month whose figure was revised down from -0.2%.

Analysts had expected retail sales to rise to 0.3% last month.

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