mercredi 25 février 2015

Swiss UBS consumption indicator: Weaker private consumption even before the minimum exchange rate was dropped

In January, seasonally adjusted new car registrations were down 20% compared to the previous month, more than wiping out the rise in December. This trend was expected since higher carbon taxes apply from January 2015 when purchasing a car. For this reason, many new car purchases were brought forward...

Swiss UBS consumption indicator: Weaker private consumption even before the minimum exchange rate was dropped

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