Switzerland’s retail sales decreased in July, preliminary data from the Federal Statistical Office showed on Thursday.
Retail sales adjusted for sales days and holidays declined 2.6 percent year-on-year in July.
On a monthly basis, seasonally adjusted retail sales declined 2.8 percent in July.
Sales of food, beverages and tobacco fell 4.3 percent yearly in July and sales of non-food decreased 1.5 percent, the agency said.
In nominal terms, retail sales decreased 2.9 percent annually in July and fell 2.6 percent from a month ago.