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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland Consumer Confidence climbed to -38.0% in May 2026
FMPMonthlyReleased June 2026
Switzerland Consumer Confidence climbed to -38.0% in May 2026, released June 2026, up 2.0% from April's -40.0% reading. The reading matched the -38.0% consensus. Consumer Confidence has now risen for 3 consecutive months. Over the past 3 months, Consumer Confidence averaged -41.5%, vs -30.33% in the prior 3-month window. The reading is in the 20th percentile of the trailing 24-month range.
Latest Release
-38
Actual
-38
Consensus
-40
Previous
Median Absolute Error
±2.83 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: -38
Actual: -38
Error: +0
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.69 | INDEX | Bullish S&P 500 | → View |
| XAU/USD | ▲ Direct | +0.47 | COMMODITIES | Bullish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Switzerland) was reported at -38% in June 2026. This matched the market consensus of -38% exactly. The reading rose from the previous value of -40%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged -33.89%, ranging from -40% to -30% across 9 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged -32.67%, up from the prior three at -34%. Volatility over the past year (σ 3.45%) is comparable than the prior year (σ 3.35%). In June readings over the past 3 years, Consumer Confidence has averaged -37.67%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with XAU/USD, positively correlated (Bullish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 2.83%.
WHAT TO WATCH NEXT
The next release is scheduled for July 10, 2026. Same-country events in the next 14 days include Balance of Trade (Jun 18) and SNB Interest Rate Decision (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Consumer Confidence - CH
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About Consumer Confidence — Switzerland
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic 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. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual -38 %, consensus -38 %. Prior reading (Apr 2026): -40 %. Before that (Mar 2026): -43 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.69) — a useful reference for index-focused traders.