Swiss UBS consumption indicator: weak start to the year in private consumption

The UBS consumption indicator fell from 1.80 to 1.44 index points in January. The majority of the sub-indicators show a weaker picture for private consumption at the start of the year. However, if you ask consumers directly, their mood seems to be quite good. Consumer sentiment, which is surveyed…

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Swiss UBS consumption indicator: weak start to the year in private consumption