Market news
12.08.2013, 11:45

Swiss June retail turnover rises for third month

Switzerland's retail sales turnover increased for the third consecutive month in June, provisional results from the Federal Statistical Office showed Monday.

Real turnover grew 2.3 percent from a year ago, following May's 1.5 percent rise. Similarly, excluding fuel sales, overall turnover climbed at a faster pace of 2 percent after increasing 1.6 percent in May.

Sales of food, drinks and tobacco registered a 1.3 percent fall in turnover, while non-food sector logged an annual increase of 4 percent.

Month-on-month, real retail turnover gained 0.5 percent, offsetting the 0.3 percent drop in May. But turnover excluding fuel, advanced 0.3 percent, it said.

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