The SECO consumer confidence in Switzerland declined to -41.7 in the third quarter of 2022, the lowest reading since a record low in the second quarter of 2020, as consumers were downbeat on the general economic outlook. Weaker sentiment was recorded for the general economic situation for the next 12 months (-53, which is well below its long-term average of -9 points) and the assessment of households' financial situation has never been so low (-35). At the same time, the propensity to make major purchases is far below average. On the other hand, perceptions of the labour market remain strong (-27) and the expected price development sub-index has receded slightly for the first time since autumn 2020 (115). source: State Secretariat for Economic Affairs
Consumer Confidence in Switzerland averaged -9.63 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 August of 2022.
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 1.30 points in 2023 and 1.00 points in 2024, according to our econometric models.