Market Beat

Switzerland : Retail Snapshot - Q2 2013

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According to the latest statistics from the State Secretariat for Economic Affairs (SECO) Switzerland continued its economic growth in Q1 with GDP increasing 0.6% quarter-on-quarter. Retail sales (excluding fuel) grew 1.8% year-on-year in May, however it was down 0.1% from April. The consumer confidence survey, conducted by the State Secretariat for Economic Affairs (SECO) has remained stable in April after a notable improvement in January, there was a marginal improvement in sentiment towards the prospect of unemployment going forward.

Source : Cushman & Wakefield

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Mots-clés : Cushman & Wakefield

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