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Europe Daily Bulletin No. 11142

29 August 2014
Contents Publication in full By article 24 / 25
BUSINESS NEWS NO 114 / (ae) living standards

Swiss average income much higher than European average. A study of gross average household income in Switzerland published by the Confédération suisse, shows that it is much higher than the European average. With an average of 9565 Swiss francs (€7928) a month, gross disposable income in Switzerland is around 1.3 times higher than in Germany and France and 2.6 times higher than in Portugal. Over the past decade, this average income has grown by 7%, taking account of inflation. With taxes...