Swiss financially pessimistic but still keen on holidays
The Swiss have a bleak view of the coming year and expect financial losses, according to a survey. Nevertheless, they do not want to give up their car or holidays.
Almost a third of those surveyed expect to have less money in their wallets and accounts in 2024, price comparison website Comparis said on Thursday. It wrote of a “record level”: in previous years the proportion of those with a negative outlook was between 13% and 18%.
Rising health insurance premiums and higher rents and mortgage interest rates in particular are causing the population to fear a financial deterioration.
+ What lies ahead for Switzerland: the economic outlook for 2024
If they have to tighten their belts, respondents are most likely to want to save on new electronic products and gadgets. On the other hand, many are holding on to holidays and their own car, Comparis said. Only 36% would be most likely to give up holidays and travel. Last year, the figure was 41%.
Cars also remain very popular: only 28% of those questioned said they would give up their own car. This figure is lower than in the previous three years.
The survey is representative and was conducted in November. The market research institute Innofact surveyed 1,021 people in all regions of Switzerland on behalf of Comparis.
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