Swiss Consumer Confidence Rises Slightly but Remains Weak

Consumer confidence in Switzerland has shown a slight improvement in April, but overall sentiment remains weak as households continue to face economic uncertainty and persistent high prices.

According to data released by the State Secretariat for Economic Affairs, the consumer confidence index rose to -40.0 points in April, up from -42.9 in March. In February, the index had already dropped sharply from -30.4, indicating continued volatility in public sentiment.

Despite the monthly improvement, the index remains below the long-term average of -37.5, highlighting ongoing economic concerns among Swiss households.

On a year-on-year basis, consumer confidence improved slightly by 2.4 points, but expectations for the future remain cautious.

A key driver of the slight improvement is the better perception of the overall economic outlook. The sub-index measuring expected economic development rose from -67.9 to -58.0 in April.

However, this figure is still far below its long-term average of -33.6, showing that consumers remain pessimistic about future economic growth.

Experts note that job insecurity, inflationary pressure, and high living costs continue to weigh heavily on household sentiment.

While some stabilization is visible, economists caution that consumer confidence in Switzerland is still fragile and could be affected by global economic conditions, interest rate changes, and geopolitical uncertainty.