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FXstreet.com (Barcelona) - The global economic slowdown does not seem to be seriously affecting Swiss consumption, retail sales have posted a strong increase in September, according to figures released by the Swiss Statistics Office.
Retail sales have posted a 6.4% increase in real terms, adjusted for inflation, in September, following a flat performance in the previous month. In nominal terms, retail sales have advanced 8.2%.
By products, food drinks and tobacco have posted the largest increase, 9.4% month on month, followed by "other products, 8.9% up, and clothing and accessories, with a 4.5% increment.
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