FX.co ★ Switzerland's Retail Sales Drop by 0.5% in February 2024

According to the latest data released on April 2, 2024, Switzerland experienced a decline in retail sales in February 2024 compared to the same month a year ago. The current indicator showed a decrease of 0.5%, falling from a previous increase of 0.3% in January 2024 to a decline of -0.2% in February 2024. This data indicates a challenging period for the retail sector in Switzerland, highlighting a shift in consumer spending patterns or economic conditions impacting retail sales in the country. The Year-over-Year comparison emphasizes the significance of these changes in retail sales over the past year, prompting further analysis of the factors influencing consumer behavior and economic performance in Switzerland.