Swiss Consumer Climate Index is calculated based on a quarterly telephone survey of about 1,200 households. The index reflects consumers' opinion about economic conditions and their medium-term expectations. The questionnaire contains 11 questions divided into 6 blocks. Respondents provide relative estimates (the value has greatly improved/grown, slightly improved/grown, remains the same, slightly deteriorated/decreased, greatly deteriorated/decreased; I don't know; I have no answer).
A composite estimate of the consumer climate index is calculated based on answers received. It is a composite estimate of national households' confidence and expectations. Index values above zero indicate an increase in consumer confidence and values below zero point to a decrease.
The growth in the Consumer Climate Index can affect the Swiss franc positively.
The chart of the entire available history of the "Switzerland Consumer Climate" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.
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