Switzerland: Retail sales hit 11-month high

In November 2013, retail sales increased a seasonally and working-day adjusted 4.2% over the same month of the previous year. The print came in well above the 1.6% expansion observed in October and the 1.6% increase that markets had expected. November’s result was the fastest expansion that has been recorded since December 2012. It came against a backdrop of stronger growth in sales of non-food items as well as in sales of food, beverages and tobacco.

Read more about Swiss Retail.

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