Switzerland Consumer Confidence  1972-2018 | Data | Chart | Calendar

The Swiss consumer confidence index unexpectedly dropped to -7 in the third quarter of 2018 from 2 in the previous period and missing market consensus of 2. It is the weakest reading since the second quarter of 2017, as consumers were less optimistic about the country's economic growth (6 vs 14 in Q2) due to uncertainty surrounding the trade dispute of the US with other key economic areas. Also, predictions regarding the unemployment trend worsened again for the first time in almost three years (35 vs 28). In addition, consumers’ expectations regarding their own budget also remain subdued (-5 vs 0), while they adjusted their assessment of inflation upwards (59 vs 53) amid a rise in oil and import prices. In light of this, the likelihood of consumers making major purchases remains low (-8 vs -12) and the sub-index on how likely consumers believe it is that they will be able to save money decreased (6 vs 21). Consumer Confidence in Switzerland averaged -9.09 Index Points from 1972 until 2018, reaching an all time high of 22 Index Points in the first quarter of 2000 and a record low of -51 Index Points in the first quarter of 1991.

Switzerland Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-01 06:45 AM Consumer Confidence 5 -2 2 1
2018-05-02 05:45 AM Consumer Confidence 2 5 5 9
2018-08-02 05:45 AM Consumer Confidence -7 2 2 7
2018-11-01 06:45 AM Consumer Confidence -7 1


Switzerland Consumer Last Previous Highest Lowest Unit
Consumer Confidence -7.00 2.00 22.00 -51.00 Index Points [+]
Retail Sales MoM 0.30 -1.40 4.60 -4.30 percent [+]
Retail Sales YoY 0.40 -0.90 6.90 -4.20 percent [+]
Consumer Spending 92768.30 92492.30 92768.30 51789.00 CHF Million [+]
Personal Savings 13.50 14.40 14.40 6.50 percent [+]
Households Debt To Gdp 128.30 127.70 128.30 102.30 percent of GDP [+]
Households Debt To Income 181.53 180.98 181.53 143.50 percent [+]
Consumer Credit 864191.00 862593.00 864191.00 158152.00 CHF Million [+]
Gasoline Prices 1.76 1.72 2.15 0.78 USD/Liter [+]


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. This page provides - Switzerland Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-7.00 2.00 22.00 -51.00 1972 - 2018 Index Points Quarterly
NSA




consumer confidence by Country
Country Last
Argentina 33.70 Sep/18
Australia 101.50 Oct/18
Brazil 105.90 Sep/18
Canada 55.25 Oct/18
China 118.60 Aug/18
Euro Area -2.90 Sep/18
France 94.00 Sep/18
Germany 10.60 Oct/18
India 97.00 Jun/18
Indonesia 122.40 Sep/18
Italy 116.00 Sep/18
Japan 43.40 Sep/18
Mexico 100.10 Sep/18
Netherlands 15.00 Oct/18
Russia -14.00 Sep/18
Saudi Arabia 107.00 Jun/18
South Africa 22.00 Jun/18
South Korea 102.00 Sep/18
Spain 90.60 Sep/18
Switzerland -7.00 Sep/18
Turkey 59.30 Sep/18
United Kingdom -9.00 Sep/18
United States 99.00 Oct/18


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