Swiss retail sales increased in February after falling at the steepest pace in sixteen months in January, data from the Federal Statistical Office revealed on Wednesday.
In real terms, retail sales rose 0.4 percent on a monthly basis, reversing a revised 1.6 percent fall in January. Excluding service stations, total retail sales were 0.5 percent higher.
The rebound in February was largely driven by the sales of non-food products, which grew 1.5 percent compared to a 2.4 percent decrease a month ago. Meanwhile, the decline in the sales of food products eased to 0.7 percent from 0.9 percent. Data showed that online sales recovered strongly by 3.6 percent.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.