Switzerland: Retail sales rebound in April
Retail sales expanded 0.2% in month-on-month seasonally adjusted terms in April, which contrasted March’s 0.3% decrease. Looking at the details of the release, greater sales of non-food items more than offset lower food sales.
On an annual basis, retail sales increased 2.7% in April, rebounding from March’s 0.2% fall and marked the best result since February 2022.