• State Secretariat for Economic Affairs’ consumer confidence index data for Switzerland rises to -18 in October

Market news

5 November 2015

State Secretariat for Economic Affairs’ consumer confidence index data for Switzerland rises to -18 in October

The State Secretariat for Economic Affairs released its consumer confidence index data for Switzerland on Thursday. The index rose to -18 in October from -19 in July.

"While a slight improvement in economic development is expected, household anticipations concerning future unemployment and job security have deteriorated," the State Secretariat for Economic Affairs said in a statement.

The household expectations sub-index climbed to -16 in October from -25 in July, while the expected unemployment sub-index was up to 74 from 65.

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