Swiss Aug. Retail Sales Fall Unexpectedly

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7:38 GMT

Oct 2009

Swiss Aug. Retail Sales Fall Unexpectedly

(RTTNews) - Friday, Switzerland’s Federal Statistical Office said real turnover in the retail sector dropped 1% in August from the previous year, while economists expected an increase of 0.8%. At the same time, nominal turnover dipped 1.2%.

During the first eight months of 2009, real turnover climbed by a real 0.4% and grew 0.7% in nominal terms.

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