UBS consumption indicator: Consumer sentiment thawing

In February the UBS consumption indicator rose slightly month-on-month to 1.26 from 1.15 (revised from 1.18). In addition to the stabilization of new car registrations, this can mainly be explained by a slight rise in retail sales. After registrations of new motor vehicles fell by around 10% in J…

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UBS consumption indicator: Consumer sentiment thawing

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