Navigation

Retailers not sharing bargains with consumers

A study commissioned by the economics ministry has found that Swiss consumers do not always benefit from the low prices of imported goods.

This content was published on November 9, 2011 - 18:04
swissinfo.ch and agencies

The survey, published on Wednesday, shows that some retailers are not passing on the savings to be had thanks to the strong Swiss franc.

It said that shoppers in Switzerland were paying too much for clothing, plastic items, vehicles and furniture. It registered only minimal savings on food and beverages, leather goods, shoes, electronics, machines, chemical and pharmaceutical products.

In contrast, the prices were better for oil, natural gas and metal as well as products made from wood, paper, glass, ceramic and concrete.

This past summer, the government announced that it would boost its price monitoring and competition commission with four new posts by the end of 2013.

The study was commissioned by Economics Minister Johann Schneider-Ammann, who stirred up controversy among Swiss businesses recently when he encouraged Swiss consumers to shop abroad.

Articles in this story

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here. Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

Sort by

Change your password

Do you really want to delete your profile?

Your subscription could not be saved. Please try again.
Almost finished... We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.

Discover our weekly must-reads for free!

Sign up to get our top stories straight into your mailbox.

The SBC Privacy Policy provides additional information on how your data is processed.