UBS Consumption Indicator: modest upward trend continues
Zurich26 Aug 2015, 08:00 CESTMedia Releases Switzerland
The UBS Consumption Indicator rose from 1.61 to 1.64 points in July. The slight increase was driven by an improved assessment of business in the retail sector. This was the fourth rise in a row for the index following the declines in the first quarter due to the EURCHF exchange-rate shock.
