Tag Archive: Switzerland UBS Consumption Indicator
Switzerland UBS Consumption Indicator June: Summer tourism inspires confidence
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
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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UBS Consumption Indicator Points to 2.5 Percent Swiss GDP Growth in 2014
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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