Latest Swiss retails now out

  • prev revised down from -0.8%
  • SA mm -0.8%

Not key data but not good either. File under " General info" as Switzerland gets used to an overvalued franc. In Dec the Swiss govt said GDP would rise on domestic demand as negative inflation increases disposable income. This data says otherwise.

USDCHF 0.9961 EURCHF 1.0853