• Swiss UBS consumption indicator rose from 1.45 to 1.50 points in December

Noticias del mercado

25 enero 2017

Swiss UBS consumption indicator rose from 1.45 to 1.50 points in December

The UBS consumption indicator rose from 1.45 to 1.50 points in December due primarily to the strong year-end results of the Swiss automobile sector. Compared with the previous December, new car registrations were up by 8.2%. The mood in the retail sector remains pessimistic, though. Domestic tourism managed to maintain its robust November showing. Compared with December 2015, the number of overnight hotel stays rose 0.9%.

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