Tuesday, 02 January 2024 12:17 GMT

Swiss Consumer Sentiment Slumps Amid Iran War


(MENAFN- Swissinfo) Consumer sentiment in Switzerland deteriorated significantly in March, falling to its lowest level since the beginning of 2024. The war with Iran is likely to have played a significant role. Select your language
Generated with artificial intelligence. Listening: Swiss consumer sentiment slumps amid Iran war This content was published on April 10, 2026 - 15:21 2 minutes SRF

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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.

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