Swiss Retail Sales Show Robust Growth in June

In a sign of economic resilience, Switzerland's retail trade turnover witnessed a significant 3.8% increase in real terms this June compared to the previous year, as reported by the Federal Statistical Office.

Excluding Service Stations, Retail Sector Flourishes

The sector, not counting service stations, saw an even more impressive 4.5% rise, highlighting a robust consumer demand across the board.

Food and Non-Food Sectors Both on the Rise

Delving deeper, sales in food, drinks, and tobacco grew by 2.8%, whereas the non-food sector outperformed with a 5.3% growth, showcasing diverse consumer spending patterns.

Nominal Turnover Also Sees Positive Trend

On a nominal basis, the retail sales turnover wasn't far behind, marking a 3.3% increase, further underscoring the sector's upward trajectory.