FX.co ★ Swiss SECO Consumer Climate Slumps Further to -40 in Q2 2026

Swiss consumer sentiment deteriorated sharply in the second quarter of 2026, with the SECO Consumer Climate indicator falling to -40, according to data updated on 8 May 2026. This marks a notable drop from the previous reading of -30 recorded in March 2026, underscoring growing pessimism among households.

The deeper negative reading suggests that Swiss consumers are increasingly concerned about their financial situation and the broader economic outlook. While the indicator has remained in negative territory, the further decline in Q2 signals that confidence has weakened rather than stabilised since the end of the first quarter. Investors and policymakers are likely to monitor upcoming data closely to assess whether this downward trend in sentiment will start to weigh more noticeably on domestic demand and overall growth prospects in Switzerland.