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Consumer confidence index: confidence slows again to 99 points

Markets and Finances | 28-03-2019

After a few lifts in consumer confidence in Q1 (104 points) and Q3 (106 points), confidence slowed slightly again in the fourth quarter — ending the year at 99 points.

Although still strong, confidence is impacted by a softening of the strong economic growth pattern Switzerland has seen over the past quarters. Confidence decreased in job prospects (down 11 points to 64), personal finances (down 7 points to 53), and in the feeling that now is a good time to buy (down four points to 43).

Consumer confidence index

ABOUT THE NIELSEN GLOBAL SURVEY

The Conference Board® Global Consumer Confidence Survey on consumer confidence and shopping habits was last conducted in cooperation with Nielsen in August 2018. More than 32,000 regular Internet users in 64 countries in the Asia-Pacific, Europe, Latin America, Middle East, Africa and North America regions were surveyed. The sample is quoted and weighted by age and gender for each country based on the respective Internet users. It thus represents the Internet users of the country and has a maximum deviation of ±0.6 percent. This online survey is based exclusively on the behaviour of respondents with Internet access. Internet penetration varies from country to country. In order for a country to be included in the survey, Nielsen assumes that at least 60 percent of the population or ten million people have Internet access. The consumer confidence index for China is surveyed among 2,400 respondents in a separate combined methodology survey. The Global Consumer Confidence Survey has been conducted continuously since 2005.

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