SECO conducts a private household survey on a quarterly basis (in January, April, July and October). Its aim is to compile data on subjective assessments and expectations of consumers, for instance with respect to the general state of the economy, the consumers’ financial situation, the development of prices, job security and so forth. Overall, eleven questions are being asked. The first survey took place in October 1972 (fourth quarter).
Consumer sentiment falls almost back to its average
Consumer sentiment in Switzerland has almost dropped back to its longterm average. While consumers still expect a positive economic development, they are less optimistic than in recent quarters. Consumers’ expectations regarding their own budget also remain subdued, while they adjusted their assessment of inflation upwards. Correspondingly, the likelihood of consumers making major purchases remains low.
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Consumer Confidence Survey (Results of the October survey 2018)
Thursday, November 1, 2018 07:45
Last modification 31.07.2018
Contact
State Secretariat for Economic Affairs SECO
Economic Policy Directorate
Short Term Economic Analyses
Ronald Indergand
Holzikofenweg 36
CH-3003 Bern
Phone +41 058 460 55 58