28.02.202007:50:00UTC+00Swiss Retail Sales Drop In January

Switzerland's retail sales fell for the first time in five months in January, data from the Federal Statistical Office showed on Friday.

Retail sales fell a working-day adjusted 0.1 percent year-on-year in January, after a 0.8 percent increase in December.

Sales of non-food sector rose 0.2 percent annually in January, while sales of food, beverages and tobacco fell 0.1 percent.

On a monthly basis, retail sales decreased 0.6 percent in January, following a 0.5 percent fall in the prior month. This was the lowest outcome in five months.