The Swiss consumer confidence index declined to -14.6 in the first quarter of 2021, the weakest since the second quarter last year, from a revised -13.0 in the previous quarter. The gauge measuring expected financial situation deteriorated (-7.3 vs -6.6 in Q4 2020), amid the coronavirus pandemic. Also, expectations regarding the development of the labor market and job security persistently negative, while the likelihood of making major purchases remained below average. At the same time, expectations regarding general economic development weakened, with the relevant sub-index decreasing to -18.6 from -14.3 in the fourth quarter 2020. source: State Secretariat for Economic Affairs
Consumer Confidence in Switzerland averaged -5.31 points from 1972 until 2021, reaching an all time high of 20 points in the fourth quarter of 1972 and a record low of -39.20 points in the second quarter of 2020. This page provides - Switzerland Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Consumer Confidence in Switzerland is expected to be -17.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Switzerland to stand at -8.00 in 12 months time. In the long-term, the Switzerland Consumer Confidence is projected to trend around -6.00 points in 2022, according to our econometric models.