Investing.com - Retail sales in Switzerland rose less-than-expected in January, official data showed on Monday.
In a report, Switzerland's Federal Statistical Office said that retail sales rose at annualized rate of 1.9% in January, missing expectations for a 2.8% gain.
Retail sales in December were revised down to a 4.7% increase from a previously repotted gain of 5.1%.
Following the release of the data, the Swiss franc was little changed against the U.S. dollar, with USD/CHF easing down 0.03% to trade at 0.9515.
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