Swiss Retail Sales Show Resilience in January

In a surprising turn of events, Switzerland's retail sector demonstrated remarkable stability in January, with the Federal Statistical Office reporting no annual nominal turnover change. This comes amidst a challenging economic landscape, highlighting the sector's resilience.

Real Retail Trade Turnout Sees Modest Growth

Despite the nominal stagnation, the real retail trade turnover, adjusted for sales days and holidays, experienced a 1.3% year-over-year increase. This growth, albeit modest and below analyst predictions, signals a cautious optimism for the Swiss retail market's recovery trajectory.