The consumer confidence indicator in Switzerland went up to -30.2 in the first quarter of 2023, from -46.53 in the previous period. According to the January survey, consumers are significantly more optimistic about economic development over the next twelve months than in October 2022. However, the sentiment is still well below the long-term average (-6 points). source: State Secretariat for Economic Affairs

Consumer Confidence in Switzerland averaged -5.82 points from 1972 until 2023, reaching an all time high of 19.92 points in the fourth quarter of 1972 and a record low of -46.53 points in the fourth quarter of 2022. 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 2023.

Consumer Confidence in Switzerland is expected to be -36.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Switzerland Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-11-01 08:00 AM Q4 -46.6 -41.7 -48.3
2023-02-02 08:00 AM Q1 -30 -47 -36
2023-05-02 07:00 AM Q2 -30 -24.4


Related Last Previous Unit Reference
Consumer Confidence -30.20 -46.53 points Mar 2023
Consumer Spending 94312.60 93730.30 CHF Million Sep 2022

Switzerland Consumer Confidence
In Switzerland, the consumer confidence survey is conducted every year, in the months of January, April, July and October. Around 1000 households are questioned for State Secretariat for Economic Affairs regarding their subjective evaluation of the economic situation, financial situation of the household in question, inflation, job security etc. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend.
Actual Previous Highest Lowest Dates Unit Frequency
-30.20 -46.53 19.92 -46.53 1972 - 2023 points Quarterly
SA

News Stream
Swiss Consumer Morale Edges Up
The consumer confidence indicator in Switzerland went up to -30.2 in the first quarter of 2023, from -46.53 in the previous period. According to the January survey, consumers are significantly more optimistic about economic development over the next twelve months than in October 2022. However, the sentiment is still well below the long-term average (-6 points).
2023-02-02
Swiss Consumer Morale Weakens to 2-1/2-Year Low
The consumer confidence indicator in Switzerland dropped 4.9 points to -46.6 in the fourth quarter of 2022, its weakest level since a record low of -56.4 hit during the pandemic aftermath in the second quarter of 2020. Consumers' assessment of their own financial situation fell to a new historic low and the willingness to make large purchases remained well below average. In contrast, perceptions of the labor market remained highly positive.
2022-11-01
Switzerland Consumer Confidence Weakens Sharply
The SECO consumer confidence in Switzerland declined to -41.7 in the third quarter of 2022, the lowest reading since a record low in the second quarter of 2020, as consumers were downbeat on the general economic outlook. Weaker sentiment was recorded for the general economic situation for the next 12 months (-53, which is well below its long-term average of -9 points) and the assessment of households' financial situation has never been so low (-35). At the same time, the propensity to make major purchases is far below average. On the other hand, perceptions of the labour market remain strong (-27) and the expected price development sub-index has receded slightly for the first time since autumn 2020 (115).
2022-08-02