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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland Consumer Confidence climbed to -36.0% in June 2026
FMPMonthlyReleased July 2026
Switzerland Consumer Confidence climbed to -36.0% in June 2026, released July 2026, up 2.0% from May's -38.0% reading. The reading matched the -35.0% consensus. Consumer Confidence has now risen for 4 consecutive months. Over the past 3 months, Consumer Confidence averaged -39.0%, vs -33.5% in the prior 3-month window. The reading is in the 41st percentile of the trailing 24-month range.
Latest Release
-36
Actual
-35
Consensus
-38
Previous
Median Absolute Error
±2.25 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: -35
Actual: -36
Error: +1
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 |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.46 | INDEX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.38 | COMMODITIES | Moves with | → View |
| USD/CHF | ▼ Inverse | −0.28 | FOREX | Moves against | → 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 -36% in July 2026. This missed the market consensus of -35% by 1%. The reading rose from the previous value of -38%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged -34.33%, 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 -34.67%, down from the prior three at -31.67%. Volatility over the past year (σ 3.43%) is comparable than the prior year (σ 3.4%). In July readings over the past 3 years, Consumer Confidence has averaged -34.87%.
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 2.25%.
WHAT TO WATCH NEXT
The next release is scheduled for August 7, 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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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 (Jun 2026): actual -36 %, consensus -35 %. Prior reading (May 2026): -38 %. Before that (Apr 2026): -40 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a 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 S&P 500 (Bullish S&P 500, r=0.46) — a useful reference for index-focused traders.
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Economic Calendar - CH Events
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:30 | CH | Retail Sales MoM | 0.2 | 0.9 | 1 | 0.60 | Low |
| 06:30 | CH | Retail Sales YoY | 1.5 | 3.4 | 3.2 | 2.35 | Medium |
| Monday, August 3, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:30 | CH | Inflation Rate MoM | 0 | -0.1 | -0.15 | Low | |
| 06:30 | CH | Inflation Rate YoY | 0.5 | 0.5 | 0.40 | Medium | |
| 07:30 | CH | procure.ch Manufacturing PMI | 54.3 | 54.5 | 55.75 | Medium | |