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Swiss Retail Sales Stable In April

6/1/2012 3:32 AM ET

Switzerland's retail sales were broadly unchanged in April, following strong growth in the previous month, data released by the Federal Statistical Office showed Friday.

Total retail sales edged up a calendar-adjusted 0.1 percent, after March's upwardly revised 4.7 percent growth. Excluding fuel, retail sales fell 0.3 percent, in contrast to March's 4.3 percent gain.

Month-on-month, retail sales dropped 1.7 percent in April, following an upwardly revised 3.1 percent growth in March. Excluding fuel, sales declined 1.8 percent.

by RTT Staff Writer

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