Financial News: Swiss Consumer Confidence Weakens To 16-month Low

Swiss Consumer Confidence Weakens To 16-month Low

05/09/2025 - 06:31:00 (RTTNews)

(RTTNews) - Swiss consumer confidence decreased further in April to the lowest level in nearly one and a half years amid a weak economic outlook, monthly survey results from the State Secretariat for Economic Affairs, or SECO, showed on Friday.

The consumer sentiment index dropped to -42.4 in March from -35.0 in the previous month. Moreover, the index also worsened from the previous year's reading of -38.1.

Further, this was the lowest reading since December 2023, when it was -44.3.

Among the four components, the economic outlook index fell sharply to -66.5 from -21.2 last year. The remaining three indices showed an improvement, though they remained negative.

The index for past financial situation of households rose to -42.1 from -57.6, and their financial outlook index improved somewhat to -33.0 from -36.2.

The survey revealed that consumers' desire to make major purchases also showed some signs of recovery in April, with the index rising to -28.0 from -37.2.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

German Import Prices Fall For Second Month (09 min(s), 53 sec(s) ago)
(RTTNews) - Germany's import prices declined for the second straight month in May due to the n ...Full Story»

German Retail Sales Drop Unexpectedly (35 min(s), 53 sec(s) ago)
(RTTNews) - Germany's retail sales dropped unexpectedly in May as both food and non-food retai ...Full Story»

Denmark GDP Contracts More Than Estimated (01 hr(s), 01 min(s), 53 sec(s) ago)
(RTTNews) - The Danish economy shrank more than initially estimated in the first quarter of 2025 ...Full Story»

UK GDP Growth Confirmed At 0.7% (01 hr(s), 04 min(s), 53 sec(s) ago)
(RTTNews) - The UK economy expanded at a stronger pace in the first quarter as previously estimate ...Full Story»

Turkey Trade Gap Widens In May (01 hr(s), 53 min(s), 53 sec(s) ago)
(RTTNews) - Turkey's foreign trade deficit rose slightly in May as imports grew faster than ex ...Full Story»

Swiss KOF Leading Indicator Falls To 6-month Low (02 hr(s), 20 min(s), 53 sec(s) ago)
(RTTNews) - A measure signaling future turning points in the Swiss economy decreased unexpectedl ...Full Story»

China Manufacturing Sector Continues To Shrink (02 hr(s), 48 min(s), 53 sec(s) ago)
(RTTNews) - China's manufacturing sector continued to contract in June, official purchasing ma ...Full Story»

Sweden Retail Sales Fall 4.8% (02 hr(s), 47 min(s), 53 sec(s) ago)
(RTTNews) - Sweden's retail sales declined for the first time in four months in May, figures f ...Full Story»