FXstreet.com (Barcelona) - Retail sales have edged up in Switzerland in January fuelled by larger sales of food, beverages an tobacco, according to data released by the Swiss Statistics Office.

Sales have increased 1.3% year on year in January in real term, slightly above the 1.2% increase posted in December. In nominal terms, sales have increased 2.8%, the same nominal increase was posted in the previous month.

The group that posted the largest increase has been food, drinks and tobacco, with a 4,6% yearly increase, followed by other products ; 2.3% up, and shoes and complements, 0.6% up.