SECO Consumer Sentiment Index in Switzerland

State Secretariat for Economic Affairs (SECO) · Quarterly · Importance

-34.83 (Q3-26) ABS · points · Quarterly · CSV

Period	points
Jul 2026	-34.83
Apr 2026	-39.98
Jan 2026	-30.12
Oct 2025	-36.93
Jul 2025	-32.76
Apr 2025	-42.40
Jan 2025	-29.28
Oct 2024	-37.01
Jul 2024	-32.40
Apr 2024	-38.06
Jan 2024	-41.05
Oct 2023	-51.64
Jul 2023	-36.77
Apr 2023	-37.48
Jan 2023	-36.98
Oct 2022	-58.31
Jul 2022	-51.47
Apr 2022	-35.48
Jan 2022	-10.58
Oct 2021	-8.16
Jul 2021	-2.22
Apr 2021	-14.34
Jan 2021	-20.69
Oct 2020	-24.79
Jul 2020	-22.74
Apr 2020	-46.88
Jan 2020	-15.51
Oct 2019	-22.28
Jul 2019	-18.62
Apr 2019	-17.02
Jan 2019	-15.67
Oct 2018	-15.25
Jul 2018	-15.48
Apr 2018	-13.00
Jan 2018	-7.71
Oct 2017	-13.12
Jul 2017	-9.94
Apr 2017	-13.14
Jan 2017	-7.24
Oct 2016	-15.90
Jul 2016	-17.80
Apr 2016	-14.22
Jan 2016	-13.28
Oct 2015	-17.67
Jul 2015	-17.61
Apr 2015	-6.88
Jan 2015	-11.03
Oct 2014	-14.47
Jul 2014	-8.02
Apr 2014	-7.89
Jan 2014	-3.63
Oct 2013	-11.62
Jul 2013	-12.59
Apr 2013	-8.91
Jan 2013	-6.10
Oct 2012	-17.74
Jul 2012	-18.15
Apr 2012	-11.67
Jan 2012	-14.42
Oct 2011	-18.73

Period	points
Oct 1999	3.45
Jul 1999	2.56
Apr 1999	-1.18
Jan 1999	-0.71
Oct 1998	-3.65
Jul 1998	4.25
Apr 1998	5.03
Jan 1998	2.31
Oct 1997	0.21
Jul 1997	7.32
Apr 1997	3.64
Jan 1997	4.19
Oct 1996	7.05
Jul 1996	-4.18
Apr 1996	-4.18
Jan 1996	-6.47
Oct 1995	-1.88
Jul 1995	-0.89
Apr 1995	6.59
Jan 1995	-11.40
Oct 1994	-1.62
Jul 1994	-1.64
Apr 1994	5.47
Jan 1994	8.84
Oct 1993	12.44
Jul 1993	-3.77
Apr 1993	7.69
Jan 1993	3.89
Oct 1992	-1.85
Jul 1992	-3.90
Apr 1992	5.60
Jan 1992	-1.84
Oct 1991	-7.96
Jul 1991	-7.37
Apr 1991	14.52
Jan 1991	-0.86
Oct 1990	-26.55
Jul 1990	1.17
Apr 1990	-4.48
Jan 1990	-6.70
Oct 1989	5.00
Jul 1989	-11.74
Apr 1989	-7.75
Jan 1989	10.57
Oct 1988	0.28
Jul 1988	5.54
Apr 1988	-0.25
Jan 1988	1.63
Oct 1987	-4.32
Jul 1987	-3.34
Apr 1987	-0.88
Jan 1987	1.17
Oct 1986	3.64
Jul 1986	-8.29
Apr 1986	-2.29
Jan 1986	8.59
Oct 1985	4.73
Jul 1985	0.06
Apr 1985	-3.48
Jan 1985	7.62

Period	points
Oct 1999	4.12
Jul 1999	-2.98
Apr 1999	-1.29
Jan 1999	4.92
Oct 1998	7.94
Jul 1998	11.80
Apr 1998	14.87
Jan 1998	13.48
Oct 1997	15.36
Jul 1997	22.20
Apr 1997	10.70
Jan 1997	2.88
Oct 1996	-7.78
Jul 1996	-16.71
Apr 1996	-13.42
Jan 1996	-2.65
Oct 1995	-7.58
Jul 1995	-7.32
Apr 1995	-8.07
Jan 1995	-9.19
Oct 1994	11.05
Jul 1994	25.11
Apr 1994	22.98
Jan 1994	25.20
Oct 1993	20.25
Jul 1993	5.96
Apr 1993	5.83
Jan 1993	3.74
Oct 1992	-1.99
Jul 1992	-8.10
Apr 1992	-11.57
Jan 1992	-2.65
Oct 1991	-1.67
Jul 1991	-20.26
Apr 1991	-11.72
Jan 1991	-30.72
Oct 1990	-36.56
Jul 1990	-5.01
Apr 1990	-17.92
Jan 1990	-21.19
Oct 1989	-3.92
Jul 1989	-8.64
Apr 1989	8.64
Jan 1989	16.14
Oct 1988	7.20
Jul 1988	2.60
Apr 1988	-6.28
Jan 1988	-6.91
Oct 1987	-7.37
Jul 1987	0.59
Apr 1987	-4.36
Jan 1987	-5.77
Oct 1986	1.65
Jul 1986	2.74
Apr 1986	11.09
Jan 1986	9.90
Oct 1985	8.93
Jul 1985	0.25
Apr 1985	3.96
Jan 1985	4.06

About this indicator

Source

State Secretariat for Economic Affairs (SECO)

Frequency

Quarterly

Release

First month of each quarter (January, April, July, October), released in the first days of the following month (09:00 Zurich time)

What it is

The SECO consumer confidence index (Konsumentenstimmung) measures Swiss households' expectations about the general economic outlook, their financial situation, unemployment and their capacity to save and spend. It is published by the State Secretariat for Economic Affairs (SECO) and is Switzerland's counterpart to the European Commission's consumer confidence indicator.

How it's calculated

SECO surveys a sample of Swiss households each quarter (since 2024, in the first month of the quarter) on twelve components; the headline composite index summarises the balance of positive minus negative answers, on a scale centred on zero where negative values indicate pessimism.

Market implications

A drop in the index points to weaker private consumption, a key driver of the Swiss economy, while a rise signals improving confidence and a possible pickup in household spending. The SNB considers it as a gauge of domestic demand.

Limitations

It is a perception survey (soft data), not a measure of actual spending, and can overreact to one-off news without feeding through to real consumption. Its quarterly frequency makes it less timely than the monthly readings of other countries.