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Switzerland’s retail sales 1.6% vs. -2.2% forecast

TurboForex - Retail sales in Switzerland rose more-than-expected last month, official data showed on Monday.

In a report, the Federal Statistics Bureau said that retail sales rose to a seasonally adjusted annual rate of 1.6%, from -2.8% in the preceding month.

Analysts had expected retail sales to rise to -2.2% l
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