Swiss housing on the lake with mountains in switzerland

Switzerland Consumer Confidence Q1 2019

Switzerland: Consumer sentiment improves slightly in the November-January period, despite households’ shift to a pessimistic view of the economic situation

Consumer sentiment among Swiss households improved in the November–January period, with the index prepared by the State Secretariat for Economic Affairs (SECO) rising to minus 4 points from minus 6 points in August-to-October. As a result, the consumer sentiment index now stands slightly above its long-run average of minus 9 points but remains below the 0-point threshold separating pessimism from optimism among consumers.

The improvement in November-to-January came primarily on the back of higher confidence in consumers’ ability to save, while households were also less pessimistic about their financial position, likely aided by the recent decline in inflation. On the other hand, consumers’ assessment of the overall economic situation deteriorated notably into pessimistic territory, and their perspective of the outlook for the Swiss economy also worsened, signaling consumers are warier of an economic slowdown. Meanwhile, they remained optimistic about the labor market and job security, but less so than in the previous period.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest