Switzerland July retail sales -0.3% vs +0.3% y/y prior

Latest data released by the Federal Statistics Office - 3 September 2018

• Prior +0.3%; revised to +0.2%

Real retail sales fell a little in July after accounting for seasonal factors, on the month retail sales fell by 1.0% led by declines in food, beverages, tobacco - which fell 1.2%. Low-tier data that won't impact the swissie but just a general indication of retail/consumption sentiment in the Swiss economy.