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Swiss Retail Sales MoM (Dec) M/M 1% (Prev. -0.1%, Rev. From 0.1%)

Newsquawk Staff ·

Swiss Retail Sales MoM (Dec) M/M 1% (Prev. -0.1%, Rev. From 0.1%)

What it means

Swiss retail sales showed a surprising increase of 1% in December, a notable recovery from a previous decline of -0.1%, which has now been revised from a slight gain of 0.1%. This robust performance may indicate stronger consumer spending in the economy, potentially impacting the central bank's policy considerations moving forward, particularly in relation to inflation and growth expectations.

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