Switzerland November retail sales -0.5% vs -0.6% y/y expected

Latest data released by the Federal Statistics Office - 8 January 2019

  • Prior +0.8%; revised to +1.0%

The seasonally-adjusted data shows that the monthly reading increased by 0.2% in November. Not a release that matters all too much to markets. Provides a general indication of consumption activity in the Swiss economy.

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