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Swiss consumer confidence edges up but remains weak

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?
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