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Consumer sentiment slightly worse
Swiss consumer sentiment has worsened slightly. The index now comes in only just above average. The labour market has still been assessed positively. However, the likelihood of consumers making major purchases remains low. In the survey undertaken in April 2019, consumers’ statements were somewhat less optimistic than three months earlier. At -6 points, the consumer sentiment index* hardly exceeds its long-term average (-9 points). In terms of general economic development, consumers have shown similar levels of optimism to the previous quarter: at -3 points, the relevant sub-index has remained above its long-term ... (full story)