Switzerland: UBS Consumption Indicator

Tuesday, 27 December 2011 02:40

The Swiss UBS Consumption Indicator is lowered by 0.09 points to 0.81 in November from 0.90 in October.

According to USB Bank’s experts Consumption Indicator is expected to growth in 2012 up to 1%.

The news had positive impact on Swiss franc, which was stronger against U.S. dollar, with USD/CHF to trade at 0.9352.