Switzerland’s consumer sentiment index fell sharply to -43 in March 2026, marking its lowest level since December 2023. This compares with -30 in each of the previous two months and came in well below forecasts of -32. The deterioration likely reflects the impact of the war with Iran and the associated surge in oil prices, which weighed on household confidence and led to a broad-based decline in sentiment. All major components weakened: perceptions of the past economic situation dropped to -62 (from -52), the economic outlook fell to -68 (from -31), the financial outlook declined to -32 (from -26), and the assessment of whether it is a good time to make major purchases slipped to -58 (from -55). Meanwhile, inflation expectations surged, with consumers anticipating significantly higher prices over the next 12 months (121.4 vs 98.3), while expectations for unemployment also increased (69 vs 64). source: State Secretariat for Economic Affairs

Consumer Confidence in Switzerland decreased to -43 points in March from -30 points in February of 2026. Consumer Confidence in Switzerland averaged -10.87 points from 1972 until 2026, reaching an all time high of 20.00 points in December of 1972 and a record low of -53.00 points in October of 2023. 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 April of 2026.

Consumer Confidence in Switzerland decreased to -43 points in March from -30 points in February of 2026. Consumer Confidence in Switzerland is expected to be -44.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Consumer Confidence is projected to trend around -28.00 points in 2027 and -26.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-09 08:00 AM
Consumer Confidence
Feb -30 -30 -29 -30
2026-04-10 07:00 AM
Consumer Confidence
Mar -43 -30 -32 -32
2026-05-08 07:00 AM
Consumer Confidence
Apr -43 -46


Related Last Previous Unit Reference
Consumer Confidence -43.00 -30.00 points Mar 2026
Consumer Spending 102204.00 101756.00 CHF Million Dec 2025
Gasoline Prices 2.36 2.17 USD/Liter Mar 2026
Households Debt to GDP 121.90 121.10 percent of GDP Sep 2025
Personal Savings 18.10 17.70 percent Dec 2024
Retail Sales MoM 0.40 -1.60 percent Feb 2026
Retail Sales YoY 0.90 -0.60 percent Feb 2026


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
-43.00 -30.00 20.00 -53.00 1972 - 2026 points Monthly
NSA

News Stream
Switzerland Consumer Confidence Falls to Lowest Since 2023
Switzerland’s consumer sentiment index fell sharply to -43 in March 2026, marking its lowest level since December 2023. This compares with -30 in each of the previous two months and came in well below forecasts of -32. The deterioration likely reflects the impact of the war with Iran and the associated surge in oil prices, which weighed on household confidence and led to a broad-based decline in sentiment. All major components weakened: perceptions of the past economic situation dropped to -62 (from -52), the economic outlook fell to -68 (from -31), the financial outlook declined to -32 (from -26), and the assessment of whether it is a good time to make major purchases slipped to -58 (from -55). Meanwhile, inflation expectations surged, with consumers anticipating significantly higher prices over the next 12 months (121.4 vs 98.3), while expectations for unemployment also increased (69 vs 64).
2026-04-10
Switzerland Consumer Confidence Steady in February
Switzerland’s consumer sentiment index stood at -30 in February 2026, unchanged from January and remaining close to its highest level in nearly a year, slightly below market expectations of -29. Consumers were somewhat more optimistic about the future economic situation (-31 vs -34 previously). Meanwhile, expectations for price developments over the next 12 months (98 vs 98) and the expected financial situation (-26 vs -26) remained unchanged. However, sentiment weakened regarding major purchases, with the expected situation for large purchases deteriorating to -55 from -51, while views on the timing for major purchases also declined to -27 from -24.
2026-03-09
Swiss Consumer Sentiment Improves to One-Year High
Switzerland’s consumer sentiment index inched up to -30 in January 2026 from -31 in December, matching market expectations and marking its strongest reading since January 2025. The improvement was driven by a firmer financial outlook, which rose to -26 from -28, alongside a better assessment of the past economic situation (-53 vs. -59) and past personal financial conditions (-37 vs. -39). The unemployment outlook also strengthened modestly, improving to 59 from 64. However, optimism about the broader economic outlook weakened slightly, with that gauge slipping to -34 from -32. On the inflation front, expectations for price growth over the next year eased, while five-year inflation expectations edged higher, pointing to mixed views on the longer-term price environment.
2026-02-09