Swiss consumers remained slightly more pessimistic in July as the confidence index declined for the first time in three months, monthly survey results from the State Secretariat for Economic Affairs, or SECO, showed on Friday.
The consumer sentiment index dropped to -33.0 in July from -32.0 in the previous month. Similarly, the index decreased from the previous year's reading of -32.0.
Among the four components, the economic outlook index negatively contributed, while past financial situation, financial outlook, and moment to make major purchases were somewhat higher compared to last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.