Despite the current tense economic situation, Swiss consumer sentiment remains positive. The Swiss spent more money in May than the previous year, particularly on restaurant visits and leisure activities, as shown by the latest figures released by PostFinance. + Get the most important news from Switzerland in your inbox The consumption indicator rose by 1.6% year-on-year in May, according to a press release issued on Monday by the subsidiary of state-owned Swiss Post. This continues the positive trend from recent months. The indicator had already risen by more than 1% in each of the first four months of the year. The Swiss economy is currently going through a difficult phase, according to the statement. Its export industry in particular is suffering from the strong Swiss franc. But this is having little effect on the consumer behaviour of Swiss residents. Private consumption is thus making an important contribution to stabilising the economy as a whole. More spending on leisure and ...
