Swiss Consumer Sentiment Slumps Amid Iran War
The consumer sentiment index calculated by the State Secretariat for Economic Affairs (SECO) fell by 12.5 points to -42.9 points in March compared to February 2026. Compared to March of the previous year, the index declined by 8.1 points.
The sub-indices“Expected Economic Development,”“Expected Financial Situation,” and“Time for Major Purchases” were below their levels from March 2025. Meanwhile, the“Past Financial Situation” index remained virtually unchanged.
This brings the index to its lowest level since the beginning of 2024. The previous low was recorded in April 2025 at -42.4 points, shortly after United States president Donald Trump announced his first tariff hikes.
The consumer sentiment index is published monthly based on a survey conducted by SECO. The data from private households has been collected since 1972.
More More Agribusiness How the war in Iran is affecting the Swiss food industryThis content was published on Apr 9, 2026 From chocolate sales at airports to fertiliser trade bottlenecks – the Swiss food and commodity industry is already feeling the impact of the war in the Middle East.
Read more: How the war in Iran is affecting the Swiss food ind
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