Switzerland’s consumer sentiment index inched up to -30 in January 2026 from -31 in December, matching market expectations and marking its strongest reading since January 2025. The improvement was driven by a firmer financial outlook, which rose to -26 from -28, alongside a better assessment of the past economic situation (-53 vs. -59) and past personal financial conditions (-37 vs. -39). The unemployment outlook also strengthened modestly, improving to 59 from 64. However, optimism about the broader economic outlook weakened slightly, with that gauge slipping to -34 from -32. On the inflation front, expectations for price growth over the next year eased, while five-year inflation expectations edged higher, pointing to mixed views on the longer-term price environment.