Gleeful consumers, money goes further

Neuchatel and Bern, Switzerland (GenevaLunch) – Inflation in October was 0.6 percent above September’s rate, according to figures released Thursday, 5 November, by Swiss Statistics. The Swiss inflation index stands at 103.7 (100=2005). This is still 0.8 percent below the rate in October 2008.

The quarterly consumer confidence survey was more positive than the last one released in July, according to the State Secretariat for Economic Affairs (Seco). The survey queries 1,100 households around the country to obtain an idea of current feelings about the economy, from a consumer’s point of view. The survey includes questions about the household budget, about the capacity to save in the next 12 months, and feelings about unemployment.

Romandie News, Swiss Statistics, Seco

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