The Swiss investors’ sentiment index plunged 56.2 points month-on-month to -53.8 in August 2025, signaling renewed pessimism after a brief positive reading of 2.4 in July. This is the weakest level since November 2022, largely weighed down by the introduction of 39% US tariffs on Swiss exports in early August. The US accounts for roughly 17% of Switzerland’s total exports, making it the country’s largest export market. Analysts expect Swiss export momentum to weaken over the next six months, with the relevant sub-index dropping sharply from -35.1 to -89.8, the largest drag on overall sentiment. Meanwhile, the current conditions index remained neutral at 0, down from 9.5 in the previous month, reflecting subdued assessments of the present economic situation. source: UBS & CFA Society Switzerland

ZEW Economic Sentiment Index in Switzerland decreased to -53.80 points in August from 2.40 points in July of 2025. ZEW Economic Sentiment Index in Switzerland averaged -6.74 points from 2006 until 2025, reaching an all time high of 72.20 points in May of 2021 and a record low of -91.10 points in October of 2008. This page provides - Switzerland Zew Economic Sentiment Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland CS-CFA Society Economic Sentiment Index - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.

ZEW Economic Sentiment Index in Switzerland decreased to -53.80 points in August from 2.40 points in July of 2025. ZEW Economic Sentiment Index in Switzerland is expected to be -1.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland CS-CFA Society Economic Sentiment Index is projected to trend around 2.00 points in 2026 and 7.00 points in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-30 08:00 AM
Economic Sentiment Index
Jul 2.4 -2.1 -1.8
2025-08-27 08:00 AM
Economic Sentiment Index
Aug -53.8 2.4 -1
2025-09-25 08:00 AM
Economic Sentiment Index
Sep -53.8 -1


Related Last Previous Unit Reference
Bankruptcies 17036.00 15447.00 Companies and Individuals Dec 2024
KOF Leading Indicators 97.40 101.30 points Aug 2025
Capacity Utilization 79.56 79.05 percent Jun 2025
Car Registrations 18366.00 22481.00 Units Jul 2025
Changes in Inventories 6273.00 6285.00 CHF Million Jun 2025
Corruption Index 81.00 82.00 Points Dec 2024
Corruption Rank 5.00 6.00 Dec 2024
Industrial Production YoY -0.10 8.90 percent Jun 2025
Industrial Production Mom -3.50 5.70 percent Jun 2025
Manufacturing Production 0.70 10.30 percent Jun 2025
Mining Production 1.30 4.50 percent Jun 2025
Economic Sentiment Index -53.80 2.40 points Aug 2025

Switzerland CS-CFA Society Economic Sentiment Index
In Switzerland, the CS-CFA Society Economic Sentiment Index measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The survey covers up to 350 financial and economic analysts. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. Therefore, the indicator measures the confidence on a scale of -100 (all analysts expect the economy to deteriorate) up to 100 (all analysts expect it to improve). A 0 value indicates neutrality.
Actual Previous Highest Lowest Dates Unit Frequency
-53.80 2.40 72.20 -91.10 2006 - 2025 points Monthly

News Stream
Swiss Investor Sentiment Plunges to Lowest Since 2022
The Swiss investors’ sentiment index plunged 56.2 points month-on-month to -53.8 in August 2025, signaling renewed pessimism after a brief positive reading of 2.4 in July. This is the weakest level since November 2022, largely weighed down by the introduction of 39% US tariffs on Swiss exports in early August. The US accounts for roughly 17% of Switzerland’s total exports, making it the country’s largest export market. Analysts expect Swiss export momentum to weaken over the next six months, with the relevant sub-index dropping sharply from -35.1 to -89.8, the largest drag on overall sentiment. Meanwhile, the current conditions index remained neutral at 0, down from 9.5 in the previous month, reflecting subdued assessments of the present economic situation.
2025-08-27
Swiss Investor Sentiment Turns Positive
The Swiss investors’ sentiment index climbed by 37.7 points from the previous month to 17.7 in July 2025. The latest figure ended a four-month sequence in negative territory, suggesting a slightly more optimistic economic outlook. According to UBS, majority of the surveyed analysts no longer expect further interest rate cuts by the National Bank. Meanwhile, the current conditions index edged down to 12.5 in July from 12.8 in the preceding month.
2025-07-30
Swiss Investor Pessimism Continues to Ease
The Swiss investors’ sentiment index increased by 19.9 points to -2.1 in June 2025, recovering from -22 in the previous month. According to UBS, surveyed analysts noted that although geopolitical tensions and trade-policy risks persist, they continue to expect long-term growth and inflation to remain stable. They also generally view negative interest rates as supportive of GDP and inflation, though potentially detrimental to pension funds and household interest income. Meanwhile, the current conditions index rose to 12.8 in June from 1.7 in May.
2025-06-25