Wemf: Significantly fewer press advertisements in June
The Swiss press generated 151.9 million francs in advertising revenue in June. This represents a significant decrease of 15.3 percent compared with the same month last year.
The Swiss press generated advertising revenues of CHF 151.9 million in June. This represents a significant decrease of 15.3 percent compared to the same month last year, as Wemf announced on Friday. All advertising categories declined. This ranged from -11.1 percent for job advertisements to -27.8 percent for real estate advertisements. The category of commercial advertisements shrank by 15.4 percent to 111.7 million francs, with only the Sunday press (+7.4 percent) posting an increase by print media category. The daily press recorded a 16.7 percent drop in advertising revenue to CHF 85.4 million.
