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FX.co ★ Switzerland Consumer Confidence at 14-Month Low

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typeContent_19130:::2025-05-09T07:34:43

Switzerland Consumer Confidence at 14-Month Low

In April 2025, Switzerland's consumer confidence index dropped to -42, marking its lowest point in fourteen months and a four-point decline from the previous year. This figure also fell short of market predictions, which anticipated an index of -34. The most notable downturn occurred in the expected economic development sub-index, which plummeted to -66.5 from -21.2 in April 2024. This reflects a growing pessimism regarding the nation's economic prospects. Conversely, other index components showed signs of improvement over the past year: the assessment of the past financial situation improved to -42.1 from -57.6, the expected financial situation slightly rose to -33 from -36.2, and the index for timing major purchases increased to -28 from -37.2.

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