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The Federal Statistical Office released its retail sales data for Switzerland on Friday. Retail sales in Switzerland were down at an annual rate of 0.2% in February, missing expectations for a 0.5% rise, after a 0.1% decrease in January. January's figure was revised down from a 0.2% increase.
Sales of food, beverages and tobacco climbed at an annual rate of 0.7% in February, while non-food sales climbed 0.9%.
On a monthly basis, retail sales fell by 0.4% in February, after a 0.6% drop in January. January's figure was revised down from a 0.3% fall.
Sales of food, beverages and tobacco declined 0.8% in February, while non-food sales were flat.
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