UBS Consumption Indicator: Automobile market with record year-end results
Zurich25 Jan 2017, 08:00 CETMedia Releases Switzerland
The UBS consumption indicator rose from 1.45 to 1.50 points in December. The positive trend of last fall continued and signalizes solid growth prospects for private consumption this year. New car registrations in the automobile sector, which are at an all-time high, are at the root of this positive outlook.