Tag Archive: Switzerland Private Consumption

Switzerland UBS consumption indicator December: pleasing end to the year

2018-01-31

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2018-01-31

Switzerland Private Consumption and UBS Consumption Indicator, December 2017
At 1.69 points, the consumption indicator lay well above the long-term average in December 2017, conveying an optimistic snapshot of Swiss private consumption. Weaker figures for new car registrations prevented an even higher value. The consumption indicator fell slightly in December 2017 to 1.69 points from 1.73. However, values had been revised upward in the past few months.

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Switzerland UBS consumption indicator November: Solid private consumption in 2018

2017-12-27

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2017-12-27

Switzerland Private Consumption and UBS Consumption Indicator, November 2017
At 1.67 points, the UBS consumption indicator was above its long-term average in November, indicating solid consumption growth in 2018. Thanks to solid economic growth, private consumption will likely continue expanding despite rising inflation.

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Switzerland UBS Consumption Indicator October: UBS consumption indicator trends sideways

2017-11-29

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2017-11-29

Switzerland Private Consumption and UBS Consumption Indicator, October 2017
The UBS consumption indicator was quoted at 1.54 points in October, suggesting that private consumption is growing at a solid pace in the fourth quarter. A weaker Swiss franc and a drop in unemployment provide support for it, but rising inflation and the accompanying stagnation of real wages are likely to cap any growth in it.

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Switzerland UBS Consumption Indicator September: Higher expectations in the retail industry

2017-10-25

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2017-10-25

Switzerland Private Consumption and UBS Consumption Indicator, December 2016
The UBS consumption indicator rose to 1.56 points in September, signalling consumption growth slightly above the long-term average. The indicator was supported by significantly higher expectations in the retail industry, but UBS still projects consumer spending to grow 1.3 percent for the year overall.

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Switzerland UBS Consumption Indicator August: A pleasant end to summer

2017-09-27

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2017-09-27

Switzerland Private Consumption and UBS Consumption Indicator, August 2017
The UBS consumption indicator increased to 1.53 points in August thanks to robust new car registrations and encouraging numbers of hotel stays by Swiss residents, indicating consumption growth slightly above the long-term average of 1.5%. However, the UBS economists still project 1.3% consumer spending growth for the year overall.

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Switzerland UBS Consumption Indicator July: Weaker Swiss Franc Offers a Ray of Hope

2017-08-30

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2017-08-30

UBS Consumption Indicator July 2017
UBS consumption indicator printed 1.38 in June, pointing to subdued growth in Swiss private consumption in recent months. Relatively weak growth in employment was much to blame for the lackluster number, however this was offset somewhat by robust new car registrations data and overnight hotel stays by Swiss nationals.

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Switzerland UBS Consumption Indicator June: Subdued Growth

2017-07-26

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2017-07-26

UBS Consumption Indicator June 2017
UBS consumption indicator printed 1.38 in June, pointing to subdued growth in Swiss private consumption in recent months. Relatively weak growth in employment was much to blame for the lackluster number, however this was offset somewhat by robust new car registrations data and overnight hotel stays by Swiss nationals.

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Switzerland UBS Consumption Indicator May: Down slightly

2017-06-28

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2017-06-28

UBS Consumption Indicator May 2017
The UBS consumption indicator registered 1.39 points in May, suggesting slightly below-average growth in private consumption. This matches the UBS CIO consumption growth forecast of 1.3% in 2017. The data published in June regarding new car registrations and hotel overnight stays by Swiss residents was robust and supported the consumption indicator.

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Switzerland UBS Consumption Indicator April: Late Easter slows down car sales

2017-05-31

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2017-05-31

Switzerland Private Consumption and UBS Consumption Indicator, April 2017
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.

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Switzerland UBS Consumption Indicator March: Problem child in retail

2017-04-26

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2017-04-26

Switzerland Private Consumption and UBS Consumption Indicator, March 2017
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.

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Switzerland UBS Consumption Indicator January: Light and shade

2017-03-02

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2017-03-02

Switzerland Private Consumption and UBS Consumption Indicator, January 2017
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. Zurich, 1 March 2017 – Following a comprehensive data revision, the UBS consumption indicator climbed...

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Switzerland UBS Consumption Indicator December: Automobile market with record year-end results

2017-01-25

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2017-01-25

Switzerland Private Consumption and UBS Consumption Indicator, December 2016
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.

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Switzerland UBS Consumption Indicator November: Subdued private consumption in 2017 despite solid November figures

2016-12-28

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2016-12-28

Switzerland Private Consumption and UBS Consumption Indicator, YoY 2016
The UBS Consumption Indicator climbed to 1.43 points in November from 1.39. Another strong month in domestic tourism and the positive trend on the automobile market made the rise possible. Initially a solid start is to be expected for 2017, but momentum is expected to subside.

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Switzerland UBS Consumption Indicator October: Retailers are hoping for good Christmas business

2016-11-30

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2016-11-30

Switzerland Private Consumption and UBS Consumption Indicator, October 2016
In October, the UBS consumption indicator rose from 1.47 to 1.49 points. Positive developments in the automobile market and robust domestic tourism continue to support private consumption. However, the slump in the retail sector prevented a stronger rise of the indicator.

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Switzerland UBS Consumption Indicator September: Confidence despite weakness in retail

2016-10-27

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2016-10-27

Switzerland Private Consumption and UBS Consumption Indicator, September 2016
The UBS consumption indicator rose from 1.53 to 1.59 points in September. The positive trend continues and points to further growth in private consumption for the fourth quarter. The driving forces are new vehicle registrations, which are at a record level, and the upsurge in domestic tourism in August.

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Switzerland, UBS Consumption Indicator August

2016-09-28

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2016-09-28

Switzerland Private Consumption and UBS Consumption Indicator
The UBS Consumption Indicator rose to 1.53 points in August from 1.45. This development was fueled by resurging tourism and above-average car sales for the month. However, the situation on the labor market casts a shadow on this rise.

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Switzerland UBS Consumption Indicator July: Car buyers turn on cruise control

2016-09-01

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2016-09-01

In July, the UBS consumption indicator rose to 1.32 points from 1.21. A slight downward adjustment of the June figure and above-average car sales generated the increase. However, the disappointing June figures for tourism and sluggish consumer sentiment slightly curbed this upward trend.

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Switzerland UBS Consumption Indicator June: Summer tourism inspires confidence

2016-07-27

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2016-07-27

In June, the UBS consumption indicator rose from 1.24 to 1.34 points. This was mainly due to a better performance in the tourism industry as well as a slight improvement in sentiment in the retail trade. However, the situation in the labor market is still strained and is weighing on consumer sentiment.

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Switzerland UBS Consumption Indicator May: Rising from a low level

2016-06-29

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2016-06-29

The UBS Consumption Indicator rose to 1.35 points in May from 1.24, extending its positive month-on-month run. The indicator was, however, adversely affected by the recently released employment figures for 1Q 2016.

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