FX.co ★ Swiss Consumer Morale Edges Up

In September 2025, Switzerland's consumer confidence index rose to -37, up from a four-month low of -40 in August, surpassing market expectations of -38. Despite this improvement, the index still reflects a decline compared to the -34 reported during the same month last year. Notably, the sub-index for expected economic development fell sharply to -53, down from -19 the previous year. On a more positive note, households reported a slightly improved perception of their past financial situation (-40 compared to -53 in September 2024), their anticipated financial situation (-28 versus -33), and the suitability of timing for making major purchases (-25 against -29).