The Swiss consumer confidence index unexpectedly edged up to -6 in the December quarter 2018 from -7 in the previous quarter while markets estimated -8. Consumers were more optimistic about the country's economic growth (9 vs 6 in the third quarter). Also, households believe that they will be able to save money (9 vs 6) and they adjusted their assessment on inflation downwards (56 vs 59). Meantime, consumers' expectations regarding their own budget remained subdued (-4 vs -5), while their views on anticipated unemployment worsened (38 vs 35); and the propensity for major purchases weakened (-11 vs -8). The long term average of the index is at -10. Consumer Confidence in Switzerland averaged -9.08 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.

Consumer Confidence in Switzerland is expected to be 1.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Switzerland to stand at 9.00 in 12 months time. In the long-term, the Switzerland Consumer Confidence is projected to trend around 5.00 Index Points in 2020, according to our econometric models.

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 -6 -7 -8 1
2019-02-01 06:45 AM Consumer Confidence 5
2019-05-02 05:45 AM Consumer Confidence 10
2019-08-02 05:45 AM Consumer Confidence 9


Switzerland Consumer Last Previous Highest Lowest Unit
Consumer Confidence -6.00 -7.00 22.00 -51.00 Index Points [+]
Retail Sales MoM 1.90 -1.60 4.70 -4.30 percent [+]
Retail Sales YoY 0.80 -2.50 6.80 -4.20 percent [+]
Consumer Spending 92700.20 92630.50 92700.20 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 866433.00 864709.00 866433.00 158152.00 CHF Million [+]
Gasoline Prices 1.72 1.75 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-6.00 -7.00 22.00 -51.00 1972 - 2018 Index Points Quarterly
NSA




Country Last Previous
Argentina 32.10 Nov/18
Australia 104.40 Dec/18
Brazil 113.60 Nov/18
Canada 52.43 Dec/18
China 119.10 Oct/18
Euro Area -3.90 Nov/18
France 92.00 Nov/18
Germany 10.40 Dec/18
India 94.00 Dec/18
Indonesia 122.70 Nov/18
Italy 114.80 Nov/18
Japan 42.90 Nov/18
Mexico 99.55 Nov/18
Netherlands 13.00 Nov/18
Russia -14.00 Sep/18
Saudi Arabia 107.00 Jun/18
South Africa 7.00 Sep/18
South Korea 96.00 Nov/18
Spain 91.40 Nov/18
Switzerland -6.00 Dec/18
Turkey 59.60 Nov/18
United Kingdom -13.00 Nov/18
United States 97.50 Dec/18


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