FX.co ★ Swiss SECO Consumer Climate Ticks Up in May, But Sentiment Remains Deeply Negative

Consumer sentiment in Switzerland showed a marginal improvement in May, with the SECO Consumer Climate indicator rising to -38 from a previous reading of -40. Both data points relate to May 2026, with the latest figures updated on 15 June 2026.

While the move represents a slight uptick in confidence, the indicator’s position still firmly in negative territory underscores persistent caution among Swiss households. The modest change suggests that, although pessimism may be easing, consumers remain wary about the economic outlook and their personal financial situations, which could continue to weigh on domestic demand and spending patterns in the near term.