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Home.forex news reportSwiss Consumer Confidence Rises In December

Swiss Consumer Confidence Rises In December

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Confidence among Swiss consumers remained less negative at the end of the year, survey results from the State Secretariat for Economic Affairs, or SECO, showed Monday.

The consumer confidence index rose to -31 in December from -34 in November. The expected score was -33.0. In the corresponding month last year, the reading was also -31.0.

Among the four components, the indexes for past financial situation and timing of major purchases improved compared to last year, while the sub-indices for economic development outlook and expected financial situation were weakened.

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