Switzerland UBS August consumption indicator 1.53 vs 1.46 prev

Switzerland UBS August consumption indicator just out 27 Sept

  • prev revised up from 1.38

Say UBS;

  • new car registrations in August boosted the indicator with nearly 6% increase yy
  • upward trend in overnight hotel stays by Swiss residents also helped, up 3% yy
  • weak unemployment is still affecting the indicator. In Q2 employment increased by 0.2%, well short of the 1% average since 2000

USDCHF currently 0.9714 just off session highs. EURCHF steady around 1.1440

Article Source

Добавить комментарий

Яндекс.Метрика