FXstreet.com (Barcelona) - Retail sales have slowed down in Switzerland in December, driven mainly by lower sales of clothing and accessories, according to provisional estimations by the Swiss Office of Statistics.

Sales have posted a 1.4% decline in real terms in December, the first decline since July, while year on year, retail sales have posted a 2.8% increase. In nominal terms, adjusted by working days, retail sales have increased 3.4% month on month, and 4.3% year on year.

Food, drinks and tobacco sales have posted higher sales in December, adjusted for working days, while sales of personal care items as well as clothing and shoes fell.