Swiss retail sales higher in November

Monday, 9 January 2012 02:12

According to Switzerland’s Federal Statistics Office retail sales increased by annualized 1.8% in November, highly exceeding expectations of 0.5% gain.

In month-to month capture retail sales grew by 0.3%.

Index rise had positive impact on Swiss franc, which reminded higher against U.S. dollar. The couple was traded at 0.9536 after news release.