(RTTNews) - Switzerland's retail turnover recorded a monthly growth of 1.2% in April in real terms, following a 1.3% fall in March, provisional results published by the Federal Statistical Office showed Wednesday. In nominal terms, sales grew 1.4%, reversing 0.7% decline last month.
Excluding fuel, the retail sector showed a seasonally adjusted increase in real turnover of 0.6% compared with March. Retail sales of food, drinks and tobacco were up 1.9% and the non-food sector showed positive growth of 1.3%.
Year-on-year, retail sales growth slowed to real 1.3% from 4% in March. Growth in nominal terms also eased in April, to 1.2% from 3.6%. Retail sale of food, beverages and tobacco dipped 0.5%, while non-food excluding fuel rose by real 2.9%. Excluding fuel, the retail sector showed an increase in real turnover of 1.2%.
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