Swiss consumers keep spending despite rising prices
Despite rising prices, consumer spending habits remain unchanged in Switzerland.
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Swiss consumers keep spending despite rising prices
In September, the PostFinance consumption indicator, based on card payments made by its 2.4 million customers, rose by 0.9% compared with the same period in 2025. The increase was 0.8% in August, 1.1% in July and 1.8% in June.
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“Consumer spending in Switzerland continues to grow, although at a slightly slower pace than over the summer,” analysts at PostFinance said in a recent report.
With the holiday season now over, spending on travel and social activities has fallen back, as reflected in a fall in restaurant visits both in Switzerland and abroad. By contrast, consumers spent significantly more on cosmetics and beauty treatments.
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“Overall, consumer spending remains resilient despite the added pressure on household budgets from the recent rise in inflation,” PostFinance analysts concluded.
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