Switzerland March retail sales -5.6% vs +0.3% y/y prior

Latest data released by the Federal Statistics Office - 30 April 2020

Retail sales activity takes an unprecedented plunge in Switzerland amid the virus outbreak and lockdown restrictions taken up, limiting business and consumption activity. It is pretty much a similar case for every country in the wake of such drastic measures to curb the spread of the virus and April will see an extended decline as well.

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