Swiss Economicblogs.org
Despite on and off closures of Swiss retailers last year, total 2020 retail sales figures rose by 0.1% compared to 2019. © Marlon Trottmann | Dreamstime.comSwitzerland’s backdrop of negative inflation, meant real total year-on-year retail sales rose by 0.8%. However, headline sales numbers masks significant variations by retail sector. While e-commerce (+14.1%), sales of technology (+13.8%) and food, drink and tobacco sales (+8.5%) rose substantially, retail sectors such as shoes and...
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