UBS consumption indicator: Problem child in retail
Zurich26 Apr 2017, 08:00 CESTMedia Releases Switzerland
The UBS consumption indicator registered at 1.50 points in March, indicating private consumption growth around the long-term average. Solid automotive demand drove this figure. Domestic tourism, on the other hand, took a breather after a strong start in 2017. Pessimism still prevails in retail.
