Swiss retail sales increased at a faster than expected pace in September after a renewed decline in August, data from the Federal Statistical Office revealed on Friday.
In real terms, retail sales climbed 1.5 percent on a yearly basis, reversing a 0.4 percent fall in August, which was the first decrease in fourteen months. Meanwhile, sales were expected to rise by 0.3 percent.
Excluding service stations, total retail sales advanced 2.0 percent.
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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.