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.
Release calendar 2018
Consumer Confidence Survey (Results of the October survey 2018)
Thursday, November 1, 2018 07:45
Last modification 31.07.2018