A new Christmas survey suggests festive spending in Switzerland is stagnating for a second year.
Research by EY and the Swiss Retail Federation shows consumers plan to spend an average of CHF 282, the same as last year and well below the record levels of 2022.
More than half of respondents say rising living costs, particularly health insurance and rent, are prompting them to cut back.
Younger adults, however, expect to spend more, while 36- to 45-year-olds are tightening their budgets.
Gift vouchers remain the most popular presents, and shoppers are returning to brick-and-mortar stores, with shopping centres gaining ground as online retail slips back.
Sustainability is also a big issue for gift buyers.
Preparations for expected U.S.-Iran talks at the Bürgenstock have caused major disruption at Zurich' Kloten Airport.
An urgently introduced no-fly zone around the summit venue is being linked to a technical malfunction that affected radar displays at air traffic control provider Skyguide yesterday morning.
The failure halted all departures from Zurich for more than an hour, disrupting dozens of flights.
Take-offs resumed shortly before 8 a.m., but reduced airspace capacity meant delays continued throughout the morning as authorities worked to restore normal operations.