Economy

Swiss Retail Sales Surge by 2.2% in March, Outperforming Analyst Expectations

Swiss Retail Sales Show Significant Growth

In a recent report released by the Swiss Federal Statistical Office, it was revealed that the retail sales turnover in Switzerland experienced a notable increase of 2.2% in March, on a nominal annual basis.

Adjusted Figures Exceed Expectations

Furthermore, when adjusted for sales days and holidays, the real retail trade turnover saw a 1.3% rise year-over-year. This performance has surpassed the anticipations of many analysts, indicating a robust retail sector in Switzerland.