Switzerland April retail sales -19.9% vs -5.6% y/y prior

Author: Justin Low | Category: News

Latest data released by the Federal Statistics Office - 2 June 2020

  • Prior -5.6%; revised to -5.8%
For bank trade ideas, check out eFX Plus
Retail sales plunged heavily in April amid lockdown measures and that is expected, with a similar situation experienced across the region and in most other countries as well. There should be an improvement in May but a return to pre-virus consumption activity may take a long while before materialising and it will be the case everywhere else too.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose