The SECO consumer confidence for Switzerland fell to -18 in the second quarter of 2022, the lowest in one year, from a revised 3 in the previous period. Consumers’ sentiment strongly deteriorated for the future general economic situation (-29.4 vs 21.9 in Q1), while pessimism increased for future financial situation (-23.8 vs -1.5), mainly due to a surge in consumer prices due to the war in Ukraine. At the same time, fewer consumers are willing to make major purchases (-31.9 vs -19.7). source: State Secretariat for Economic Affairs
Consumer Confidence in Switzerland averaged -9.47 points from 1972 until 2022, reaching an all time high of 22.40 points in the third quarter of 2000 and a record low of -56.40 points in the second quarter of 2020. 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 July of 2022.
Consumer Confidence in Switzerland is expected to be -6.40 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 1.30 points in 2023 and 1.00 points in 2024, according to our econometric models.