The consumer confidence indicator in Switzerland fell to 3.8 in the fourth quarter of 2021 from a downwardly revised 7.7 in the previous period but well above the long-run average of -5. Consumers remained broadly optimistic about the economic situation (44.1 vs 48.4 in Q3), but both the past (-10.1 vs -7.9) and the expected financial situation (-0.7 vs 2.6) of households were rated as less positive. Also, the willingness to make major purchases decreased markedly (-18.2 vs -12.4). This is due to the development of consumer prices, which is a burden on household budgets: the sub-indices for past and expected price developments are at their highest level since 2008. source: State Secretariat for Economic Affairs
Consumer Confidence in Switzerland averaged -5.20 points from 1972 until 2021, reaching an all time high of 20 points in the fourth quarter of 1972 and a record low of -39.10 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 December of 2021.
Consumer Confidence in Switzerland is expected to be 4.50 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 1.00 points in 2022, according to our econometric models.