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Swiss consumer confidence edged up in November but remained negative, with cautious optimism on financial outlook.
Swiss consumer confidence rose slightly to -34 in November from -37 in October, matching forecasts and last year’s level, according to SECO.
Gains in past financial conditions, personal financial outlook, and willingness to make big purchases drove the improvement, though the economic outlook remained negative.
The financial outlook index rose to -28.7 from -33.1, signaling cautious optimism.
Despite the uptick, sentiment remains weak, with no major policy shifts expected from the Swiss National Bank.
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La confianza de los consumidores suizos subió en noviembre, pero se mantuvo negativa, con un optimismo cauteloso sobre las perspectivas financieras.