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- UBS consumption index climbs to 1.35 in March
UBS consumption index climbs to 1.35 in March
UBS released its consumption index for Switzerland on Wednesday. The UBS consumption index increased to 1.35 in March from 1.21 in February.
February's figure was revised up from 1.19.
The increase was driven by a rise in new car registrations. New car registrations jumped 24.0% in March.
The retailer sentiment index dropped to -13 in March from -3 in the previous month, the lowest level since the end of 2011.
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