Consumer confidence · Switzerland

Switzerland Consumer Confidence

The Switzerland Consumer Confidence measures how households in Switzerland feel about their finances, the economy and their plans for big purchases.

Importance
Medium
Released
Monthly
Next release
Currency
CHF · Swiss franc
Central bank
The Swiss National Bank

Latest figures

The latest release for SEP, published on 9 October 2026, came in at -36, below the consensus of -31, down from -33 the time before.

A weaker figure than expected points to slowing activity: the Swiss franc tends to soften and markets price in lower rates.

Over the last 12 releases it ranged from -43 to -30, averaging -35.

Nov 2025: -37Dec 2025: -34Jan 2026: -31Feb 2026: -30Mar 2026: -30Apr 2026: -43May 2026: -40Jun 2026: -38Jul 2026: -36Aug 2026: -35Sep 2026: -33Oct 2026: -36 Nov 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
9 Oct 2026SEP-36-31-33
11 Sep 2026AUG-33-32-35
7 Aug 2026JUL-35-34-36
10 Jul 2026JUN-36-35-38
15 Jun 2026MAY-38-38-40
8 May 2026APR-40-46-43
10 Apr 2026MAR-43-32-30
9 Mar 2026FEB-30-29-30
9 Feb 2026JAN-30-30-31
12 Jan 2026DEC-31-33-34
8 Dec 2025NOV-34-34-37
7 Nov 2025OCT-37–-37 ®

See it in the economic calendar →

Why it matters

Household spending is the largest part of most economies. Confidence surveys come out early in the month and help forecast spending; they also capture inflation worries and political shocks quickly.

How it is calculated

A representative sample of households answers questions on current and expected conditions; answers are combined into a balance (positive minus negative) or an index relative to a base year.

What changes mean

  • Confidence and actual spending often diverge in the short run; trends matter more than one month.
  • Sharp drops after shocks (energy prices, elections) tend to recover if jobs hold up.

Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the Swiss franc and local stocks, and can push bond yields up.

Lower than expected: A weaker figure than expected points to slowing activity: the Swiss franc tends to soften and markets price in lower rates.

A short history

George Katona started the University of Michigan's Surveys of Consumers in 1946; the European Commission and many national institutes run similar surveys today.

Questions

What is the Switzerland Consumer Confidence?

The Switzerland Consumer Confidence measures how households in Switzerland feel about their finances, the economy and their plans for big purchases.

What was the latest Switzerland Consumer Confidence?

-36 for SEP, published on 9 October 2026 (consensus -31, previous -33).

When is the next Switzerland Consumer Confidence?

On Friday 6 November 2026 at 08:00 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.