The latest survey shows that there was hardly any change in consumer sentiment in Switzerland between July and October 2016. The index currently stands at -13 points and has consistently come in at a value below its long-term average for over a year now. However, consumers believe that the outlook for the economy over the coming months is considerably better than in July. The assessment of price trends also underwent an upward adjustment.

The consumer sentiment index from October 2016 stands at -13 points, meaning it has seen almost no change since last July (-15 points). This is the sixth time in a row that the survey has revealed a below-average consumer climate among roughly 1,200 randomly selected households (long-term average value: -9 points).