UBS consumption indicator: Consumer sentiment subdued to start the year

In January the UBS consumption indicator slid to 1.18 compared with 1.32 (revised from 1.34) in the previous month. Disappointing figures for new car registrations account for the decline. There was, however, some positive stimulus: Business in the retail industry and consumer sentiment picked up…

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UBS consumption indicator: Consumer sentiment subdued to start the year

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