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Swiss consumer confidence edges up but remains weak

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Swiss consumer confidence edged up in April, but economic expectations remain cautious and job insecurity elevated amid persistently high prices. +Get the most important news from Switzerland in your inbox In April, the overall consumer confidence index calculated by the State Secretariat for Economic Affairs (SECO) stood at -40.0 points, up 2.9 points from -42.9 in March, when sentiment had deteriorated sharply from -30.4 in February. On a year‑on‑year basis, the index improved by 2.4 points but remained below the 2023–2026 average of -37.5. A closer look shows a notable improvement in perceptions of the general economic outlook. The sub‑index for expected economic development rose month‑on‑month from -67.9 to -58.0, although it remains well below its multi‑year average of -33.6. Views of personal finances also improved slightly but stayed clearly negative. The sub‑index for the financial situation over recent months edged up from -41.3 to -40.1, while expectations for the coming ... Full story here Are you the author?
About Swissinfo
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SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.
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