Swiss Retail Sales up by 7.4%

Tuesday, 2 August 2011 12:04

SVME Purchasing Managers' Index rose in July by 53.5, higher than June's 53.4.  Economists expected a fall from 53.4 to 52.3.

Retail Sales in Switzerland also flew higher recovering from 3.9% to 7.4% while expectations surfaced around 1.6%.