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Swiss Retail Sales Rise In February

Switzerland's retail sales rose in February, data from the Federal Statistical Office showed on Tuesday.

Retail sales rose a working-day adjusted 0.3 percent year-on-year in February, after remaining unchanged in January.

Sales of food, beverages and tobacco rose 4.7 percent annually in February, while sales of non-food sector fell 1.5 percent.

On a monthly basis, seasonally adjusted retail sales increased 0.4 percent in February, reversing a 0.5 percent fall in the prior month.

In nominal terms, retail sales fell 0.4 percent annually in February and rose 0.3 percent from a month ago.

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