Retail sales decreased in Switzerland

In May, a further decline occured in retail sales in Switzerland – the Swiss Federal Statistical Office (FSO) announced on Friday.

Retail sales in Switzerland declined by 2.3 percent in nominal terms in May, compared to a year before. The reduction in turnover lasts since January 2015.
Compared to the previous month, retail sales seasonally adjusted decreased by 0.1 percent in May. (MTI)