Swiss retail sales growth slowed sharply in November, raising concerns about economic health.

Swiss retail sales growth slowed significantly in November, rising just 0.8% year-over-year, down from a 1.5% increase in October. The slowdown, which was more than expected, was primarily due to a drop in non-food sales growth. Food, drink, and tobacco sales slightly increased, while overall retail sales declined by 0.3% annually. This trend raises concerns about consumer confidence and economic health heading into 2025.

January 06, 2025
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