Published on 2 August 2018

Consumer sentiment falls almost back to its average

Bern, 2.8.2018 - Consumer sentiment in Switzerland has almost dropped back to its long-term average. While consumers still expect a positive economic development, they are less optimistic than in recent quarters. Consumers’ expectations regarding their own budget also remain subdued, while they adjusted their assessment of inflation upwards. Correspondingly, the likelihood of consumers making major purchases remains low.