UBS Consumption Indicator: Light and shade
Zurich01 Mar 2017, 08:00 CETMedia Releases Switzerland
The UBS consumption indicator rose from 1.38 to 1.43 points in January and continues to signal solid growth in private consumption. Swiss consumers view the economic and financial situation with considerably more optimism than in the last quarter. New car registrations and domestic tourism have, however, fallen compared with the previous January.
