Swiss Retail Sales YoY (Mar) Y/Y 0.5% vs. Exp. 1% (Prev. 0.9%)

Swiss retail sales growth came in lower than expected, at 0.5% year-on-year versus the anticipated 1%. This miss, alongside a downward revision from the previous month, suggests potential weakness in consumer spending, which could have implications for economic growth and influence the Swiss National Bank's policy stance moving forward.