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Swiss Retail Sales Fall For 5th Straight Month

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Swiss retail sales contracted for a fifth consecutive month in December; the real gauge fell 1.6%y/y in the last month of 2015 as spending for clothes and footwear shrank 9.3%. When excluding fuels real retail sales contracted 1.5%y/y. Clearly the warm winter weather has restrained traditional heavy spending on recreation[​IMG]

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