Consumer sentiment: no further improvement for the time being
Bern, 7.8.2014 - Consumer sentiment has been better than its long-term average for several quarters, but further improvement is proving elusive. With a value of -1 point reached in July 2014*, the general index has remained at much the same level since the beginning of the year. Nor have any major changes in the various factors which shape consumer confidence been revealed by the July survey as compared to last April’s results. The last major trend change in consumer sentiment in Switzerland was identified in October 2011/January 2012 (new upturn).