FacebookShare As usual, the Swiss economy seems to be better than economists thought. After 1.40 still in December, the UBS consumption indicator has risen to 1.81, a value higher than the ones in 2012, when private consumption increased by 2.4%. Similarly as last year, the latest reading contradicts UBS’s own growth forecasts, albeit this year …
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Tag Archive: Consumption indicator
UBS’s Consumption Indicator 1.46 Contradicts UBS’s Swiss GDP Forecast
UPDATE, February 2014 According to the latest data from the SECO,Swiss GDP rose by 2% in 2014 and not by 0.9% as the UBS predicted. Once again the Swiss economy seems to be stronger than expected. UBS’s consumption indicator for April came out at 1.46 (details). This number seems at odds with the weak private … Continue reading...
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Swiss Economic Indicators, March 2013
Switzerland continues to see a robust economy, even if the leading KOF indicator fell to 0.99 after highs of 1.68 in September. On other side, real and nominal wages continue to increase. As opposed to the KOF value, the UBS consumption indicator is rising. This shows that the internal economy is able to balance … Continue...
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Swiss and German Economic Indicators, Update November 1
Euro Crisis Has Affected Germany, Switzerland Still Immune Most Recent Events The Swiss SVME PMI has risen from 43.9 to 46.1. This PMI is dominated by machinery, metallurgical and electric equipment exporters organized in the Swissmem organization. As opposed to the chemical industry, they were not innovative enough to adapt to the stronger franc; but …
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Euro Crisis Has Affected Germany, Switzerland Still Immune
Swiss and German Economic Indicators, October 2012 Both Swiss and German economic indicators show continued signs of stability, but the German situation has become worse and might affect the Swiss. Especially low unemployment, rising real wages and strong trade balances are signs of robustness. Despite that, Germany’s industrial production is weaker than last year, …
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Economic Indicators: In Switzerland and Germany the Euro Crisis Seems to Be Far Away
Swiss vs. German Economic Indicators, August 2012 Both Swiss and German economic indicators show continued signs of stability. Especially low unemployment, good retail sales and strong trade balances are signs of robustness. The German trade surplus has improved compared to last year, whereas the strong franc harmed the Swiss trade surplus just a bit. …
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