New data Retail Sales MoM (Jan)
2/28/2025
actual -0.1, previous 0.6
The event is the Retail Sales Month-over-Month (MoM) report for January in Switzerland (CH) with a high level of impact on the market. The actual value reported is -0.1%, which is a decrease from the previous value of 0.6%. The market had anticipated a growth of 0.2%, so the actual result fell short of expectations. This represents a change percentage of -116.67%, indicating a significant decline in retail sales compared to the previous month. This data suggests a potential slowdown in consumer spending in Switzerland, which could have implications for the country's economy and currency (CHF).This is not investment advice. Remember to verify the information provided here.
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