Switzerland’s consumer sentiment index fell to -38 in May 2026 from -37 in the same month a year earlier, in line with market expectations, reflecting a slightly more pessimistic outlook among households. The decline was driven primarily by weaker expectations for the economy, with the corresponding sub-index dropping to -45.9 from -42.9 in May 2025. Consumers were also more cautious about their future financial situation, as that indicator fell to -33.8 from -30.3. Meanwhile, assessments of past financial conditions improved marginally to -44.2 from -44.8 a year earlier. The indicator measuring the willingness to make major purchases remained weak, edging down to -28.7 from -28.0. Overall, consumer sentiment remained deeply negative, highlighting persistent concerns about the economic outlook and household finances. source: State Secretariat for Economic Affairs

Consumer Confidence in Switzerland increased to -38 points in May from -40 points in April of 2026. Consumer Confidence in Switzerland averaged -11.10 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 June of 2026.

Consumer Confidence in Switzerland increased to -38 points in May from -40 points in April of 2026. Consumer Confidence in Switzerland is expected to be -42.00 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
2026-05-08 07:00 AM
Consumer Confidence
Apr -40 -43 -46 -46
2026-06-15 07:00 AM
Consumer Confidence
May -38 -40 -38 -41
2026-07-10 07:00 AM
Consumer Confidence
Jun -38 -42


Related Last Previous Unit Reference
Consumer Confidence -38.00 -40.00 points May 2026
Consumer Spending 102129.00 102142.00 CHF Million Mar 2026
Gasoline Prices 2.41 2.43 USD/Liter May 2026
Households Debt to GDP 123.00 122.10 percent of GDP Dec 2025
Personal Savings 18.10 17.70 percent Dec 2024
Retail Sales MoM 0.10 0.30 percent Apr 2026
Retail Sales YoY 1.60 1.30 percent Apr 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
-38.00 -40.00 20.00 -53.00 1972 - 2026 points Monthly
NSA

News Stream
Swiss Consumer Mood Deteriorates Slightly
Switzerland’s consumer sentiment index fell to -38 in May 2026 from -37 in the same month a year earlier, in line with market expectations, reflecting a slightly more pessimistic outlook among households. The decline was driven primarily by weaker expectations for the economy, with the corresponding sub-index dropping to -45.9 from -42.9 in May 2025. Consumers were also more cautious about their future financial situation, as that indicator fell to -33.8 from -30.3. Meanwhile, assessments of past financial conditions improved marginally to -44.2 from -44.8 a year earlier. The indicator measuring the willingness to make major purchases remained weak, edging down to -28.7 from -28.0. Overall, consumer sentiment remained deeply negative, highlighting persistent concerns about the economic outlook and household finances.
2026-06-15
Swiss Consumer Morale Better than Expected
Switzerland’s consumer sentiment index rose to -40 in April 2026, beating market expectations of -46 and improving slightly from -42 a year earlier. The increase was driven mainly by stronger views on the expected economic outlook, with that sub index improving to -58 from -67 in April 2025. Consumers also reported a slightly better assessment of their past financial situation compared with a year ago. Expectations for future personal finances were broadly unchanged, while the indicator measuring willingness to make major purchases remained weak despite a modest improvement from last year. Overall, sentiment stayed deeply negative, reflecting continued caution among Swiss households despite some improvement in economic expectations.
2026-05-08
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