Switzerland’s consumer sentiment index rose to -31 in December 2025, up from -34 in November and beating market expectations of -33. It marked the strongest level since January 2025, driven by a sharp improvement in the economic outlook (-32 vs. -39) and a modestly better financial outlook (-28 vs. -29). Meanwhile, the unemployment outlook deteriorated slightly (64 vs. 62). Looking at the past situation, households were less pessimistic about both the economic (-59 vs. -61) and financial (-39 vs. -42) conditions. On the price front, expectations for 1-year and 5-year inflation eased, reflecting softer price pressures. source: State Secretariat for Economic Affairs

Consumer Confidence in Switzerland increased to -31 points in December from -34 points in November of 2025. Consumer Confidence in Switzerland averaged -10.58 points from 1972 until 2025, 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 February of 2026.

Consumer Confidence in Switzerland increased to -31 points in December from -34 points in November of 2025. Consumer Confidence in Switzerland is expected to be -29.00 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 -10.00 points in 2027 and -5.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-08 08:00 AM
Consumer Confidence
Nov -34 -37 -34 -35
2026-01-12 08:00 AM
Consumer Confidence
Dec -31 -34 -33 -33
2026-02-09 08:00 AM
Consumer Confidence
Jan -31 -31


Related Last Previous Unit Reference
Consumer Confidence -31.00 -34.00 points Dec 2025
Consumer Spending 101628.68 101243.76 CHF Million Sep 2025
Gasoline Prices 2.18 2.15 USD/Liter Jan 2026
Households Debt to GDP 121.10 120.80 percent of GDP Jun 2025
Personal Savings 18.10 17.70 percent Dec 2024
Retail Sales MoM 1.00 -0.10 percent Dec 2025
Retail Sales YoY 2.90 1.70 percent Dec 2025


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
-31.00 -34.00 20.00 -53.00 1972 - 2025 points Monthly
NSA

News Stream
Swiss Consumer Sentiment Strengthens to 11-Month High
Switzerland’s consumer sentiment index rose to -31 in December 2025, up from -34 in November and beating market expectations of -33. It marked the strongest level since January 2025, driven by a sharp improvement in the economic outlook (-32 vs. -39) and a modestly better financial outlook (-28 vs. -29). Meanwhile, the unemployment outlook deteriorated slightly (64 vs. 62). Looking at the past situation, households were less pessimistic about both the economic (-59 vs. -61) and financial (-39 vs. -42) conditions. On the price front, expectations for 1-year and 5-year inflation eased, reflecting softer price pressures.
2026-01-12
Swiss Consumer Confidence Climbs in November
Switzerland’s consumer confidence indicator rose to -34 in November 2025, up from -37 in both October and the same month last year. It marked its highest level since July, driven by stronger economic expectations (-39 vs. -49 in October) and a more positive financial outlook (-29 vs. -32). Consumers were slightly more optimistic about the timing of major purchases (-25 vs. -26), though their assessment of the past economic situation remained weak at -61. The price outlook held steady, while expectations for unemployment worsened (-61 vs. -54).
2025-12-08
Switzerland Consumer Morale Unchanged in October
Switzerland’s consumer sentiment index held at -37 in October 2025, unchanged from September and matching the level seen a year earlier. Expectations for the overall economy deteriorated, with the economic outlook sub-index dropping to -49 from -30 in October 2024, signaling greater pessimism about future growth. However, households felt somewhat less strained financially than a year ago. The sub-indices for the past financial situation (-40 vs -53), expected financial situation (-32 vs -34), and purchase climate (-26 vs -32) all improved.
2025-11-07