UBS Consumption Indicator: Subdued private consumption in 2017 despite solid November figures
Zurich28 Dec 2016, 08:00 CETMedia Releases Switzerland
The UBS Consumption Indicator climbed to 1.43 points in November from 1.39. Another strong month in domestic tourism and the positive trend on the automobile market made the rise possible. Initially a solid start is to be expected for 2017, but momentum is expected to subside.
