Swiss retail sales stalled in May after growing in the previous ten months, data from the Federal Statistical Office revealed on Tuesday.
Retail sales showed a flat change in May on a yearly basis versus a 0.9 percent increase in April.
Sales of food, drinks, and tobacco registered a renewed decline of 1.0 percent. Meanwhile, the growth in the non-food sector, without service stations, eased to 1.0 from 1.5 percent in April.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.