UBS consumption indicator: Late Easter slows down car sales
Zurich31 May 2017, 08:00 CESTMedia Releases Switzerland
The UBS consumption indicator stood at 1.48 points in April, indicating average private consumption growth. The improved mood in the retail sector supported the indicator, while a decline in new car registrations had a negative effect. The index of consumer sentiment measured by the State Secretariat for Economic Affairs also fell slightly.
