Swiss investor sentiment deteriorated to -25.0 in June 2026 from -11.1 in May, remaining firmly in negative territory, according to the UBS & CFA Society Switzerland survey. The expectations index declined by 13.9 points on the month, partially reversing the improvement recorded over the previous two months as confidence weakened following the recovery from the downturn triggered by the Middle East conflict. Despite the weaker near-term outlook, UBS noted that expectations for long-term economic growth and inflation remained broadly unchanged from those reported in March. Meanwhile, assessments of current economic conditions improved, with the current conditions gauge rising to +2.8 in June from -2.8 in May.