Confidence among Swiss consumers remained less negative in August, survey results from the State Secretariat for Economic Affairs, or SECO, showed Friday.The consumer confidence index rose to -33.74 from -34.56 in August. The expected score was -33.0. This was also much better reading compared to -50.8 in September 2023.The survey revealed that the sub-indices, namely economic outlook, past financ...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.