Considerable changes in household budget in 2020
Neuchâtel, 22.11.2022 - Compared with previous years, the expenditure of private households in Switzerland in 2020 showed considerable changes due to the COVID-19 pandemic. In particular, categories affected by restrictions showed a considerable downturn. Compared with 2019, expenditure on hotels and restaurants, for example, fell by 38% to CHF 343 per month. In contrast, no significant shifts in income were observed in 2020. The average disposable income of CHF 6789 per month is comparable to that of 2019. These are findings from the Household Budget Survey 2020 from the Federal Statistical Office (FSO).
This press release and further information on the topic can be found on the FSO website (see link below).
Address for enquiries
Fabia Ndiaye-Laini, FSO, Income, Consumption and Living Conditions section, tel.: +41 58 467 68 32, email: firstname.lastname@example.org
Federal Statistical Office