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Swiss retail sales grew 0.1% yearly in October, slowed by weak food sales and a monthly drop.
In October 2024, Swiss retail sales grew by 0.1% year-over-year, marking a slowdown from September's 0.6% increase.
Despite a 1.4% annual rise in total sales, the growth was primarily driven by non-food items, which saw a 3.2% increase.
Food, drinks, and tobacco sales rose by only 0.3%.
Month-over-month, sales decreased by 0.1%.
Economists are watching these trends to gauge consumer confidence and spending habits as the holiday season approaches.
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Las ventas al por menor suizas crecieron un 0,1% anual en octubre, desaceleradas por la debilidad de las ventas de alimentos y una caída mensual.