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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland Economic Sentiment Index climbed to 10 in July 2026
FMPMonthlyReleased July 2026
Switzerland Economic Sentiment Index climbed to 10 in July 2026, up 35 from June's -25 reading. The print exceeded the -23 consensus by 33. The print is running well above the 12-month average of -15.28. Over the past 3 months, Economic Sentiment Index averaged -18.05, vs -18.5 in the prior 3-month window. Economic Sentiment Index is now the highest in 7 months.
Latest Release
10
Actual
-23
Consensus
-25
Previous
Median Absolute Error
±23.59
across last 12 releases
Last Call
Jul 2026
Predicted: -26.4
Actual: 10
Error: -36.4
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/CHF | ▲ Direct | +0.52 | FOREX | Moves with | → View |
| EUR/USD | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.35 | INDEX | Moves with | → View |
| Euro STOXX 50 | ▲ Direct | +0.35 | INDEX | Moves with | → View |
| DAX | ▲ Direct | +0.26 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Economic Sentiment Index (Switzerland) was reported at 10.00 in July 2026. This beat the market consensus of -23.00 by 33.00. The reading rose from the previous value of -25.00. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged -13.23, ranging from -53.80 to 12.20 across 11 releases.
WHY IT MATTERS
The trailing three releases averaged -8.70, up from the prior three at -9.97. Volatility over the past year (σ 22.48) is higher than the prior year (σ 16.47). In July readings over the past 3 years, Economic Sentiment Index has averaged 7.27.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/CHF (Bullish EUR). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 23.59.
WHAT TO WATCH NEXT
The next release is scheduled for August 26, 2026. Same-country events in the next 14 days include CPI MoM (Aug 3) and Inflation Rate YoY (Aug 3).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Economic Sentiment Index - CH
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About Economic Sentiment Index — Switzerland
DEFINITION
The Economic Sentiment Index is a key financial indicator that measures the overall confidence and outlook of consumers and businesses towards the economy. It takes into account various factors such as consumer spending, business investment, and employment trends to provide a comprehensive assessment of the current economic climate. This index is closely monitored by investors, policymakers, and analysts as it can provide valuable insights into the direction of the economy and potential market trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 10, consensus -23. Prior reading (Jun 2026): -25. Before that (May 2026): -11.1.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/CHF (Bullish EUR, r=0.52) — a useful reference for forex-focused traders.
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Economic Calendar - CH Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | CH | KOF Leading Indicators | 103.5 | 102.1 | 101 | 102.25 | Medium |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:30 | CH | Retail Sales MoM | 0.2 | 0.9 | 1 | 0.75 | Low |
| 06:30 | CH | Retail Sales YoY | 1.5 | 3.4 | 3.2 | 2.65 | Medium |