Consumer confidence remains fairly stable
Bern, 7.11.2013 - Consumer confidence in Switzerland remained fairly stable during the first part of the year and between July and October 2013 as well. With a value of -5 points the consumer confidence index improved slightly on the result of the previous survey (-9 points in July) and was consequently also up on the long term average (also -9 points). On the one side this development reflects the more optimistic expectations of private households with regard to the economic prospects and the labour market over the next 12 months. On the other side, in October the expectations for their personal financial situation and opportunities for savings over the coming months remain broadly at the same level as in the July*.