Switzerland March retail sales -0.7% vs -0.4% y/y expected

Latest data released by the Federal Statistics Office - 2 May 2019

  • Prior -0.2%; revised to 0.0%

Yet another drop in retail/consumption activity in the Swiss economy and that isn't a confident sign in the first quarter of the year. Although it's very much a minor data point, this feeds into overall economic growth and by the looks of things, it's a bit of a struggle as the Swiss economy tries to stay afloat.

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