A recent study by Geneva’s department of economic development (DDE) looks at the shopping habits of its residents and the residents of neighbouring Vaud and neighbouring France – an area including Nyon and parts of the French Ain and Haute Savoie regions. © Viorel Dudau | Dreamstime.com Every year, the residents of this greater Geneva region spend around CHF 7.2 billion francs on consumable items in physical stores. This money is spread across personal goods (19%), garden and DIY goods (6%),...
Read More »Swiss cross-border shopping declines
20 Minutes. Residents of German-speaking Switzerland appear to doing less shopping across the border, something that has also been observed in Geneva. © Jochenschneider | Dreamstime.com According to the newspaper the Handelszeitung, Swiss cross-border shopping peaked in 2015 and local customs posts have seen a decline in VAT and duty collected since March. At the border in Kreuzlingen, near Lake Constance, VAT and import duty collected was down 10%. At the Lörrach bei Riehen crossing near...
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