Skiplink Navigation

Main Features

Swiss go on shopping spree

Swiss consumer confidence has reached an 11-year high. In its latest report, the State Secretariat for Economic Affairs (SECO) said the consumer index had risen to 19 points.

It comes on the heels of the release of unemployment figures showing the jobless rate at an eight year low. Other economic indicators also point to continued economic growth.

SECO's Bettina Müller told Swissinfo that this data "is an image of what's going on in general in the economy. A lot of data shows that things are getting better, people are consuming more."

The consumer confidence survey is seen as a key barometer of how secure people feel, based on their own finances and the situation in the country as a whole.

"It seems that if you look at other countries things are getting better too. There is this feeling of a better climate, exports are up and Switzerland's European markets are getting better," said Bettina Müller.

"I think it's going in a good direction," added Bettina Müller, "we have a pretty positive outlook."

by Tom O'Brien


Neuer Inhalt

Horizontal Line

subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.

Click here to see more newsletters

WEF 2018

WEF Teaser 2018