Investing.com - Retail sales in Switzerland rose more-than-expected in September, while the previous month’s figure was revised higher, official data showed on Thursday.
In a report, Switzerland’s Federal Statistical Office said that retail sales rose at annualized rate of 5.4% in September, above expectations for a 4.2% gain.
Retail sales for August were revised up to a 6.0% gain from a previously reported 5.9% increase.
Following the release of the data, the Swiss franc was lower against the U.S. dollar, with USD/CHF adding 0.14% to trade at 0.9329.
In a report, Switzerland’s Federal Statistical Office said that retail sales rose at annualized rate of 5.4% in September, above expectations for a 4.2% gain.
Retail sales for August were revised up to a 6.0% gain from a previously reported 5.9% increase.
Following the release of the data, the Swiss franc was lower against the U.S. dollar, with USD/CHF adding 0.14% to trade at 0.9329.