The Consumer Spending Index (CSI) Switzerland decreased by 0.1% in August 2025 compared to the same month in the previous year.

Higher spending in e-commerce (+7.7%) did not fully offset lower expenditures at the point-of-sale across all regions. The decline in consumer expenditures was especially pronounced in Zurich (-3.2%). 

In the whole of Switzerland, the categories Retail: Food, beverage, tobacco (+2.3%) and Accommodation (+2.5%) experienced higher consumer spending whereas spending in Retail: Other goods (-2.6%) decreased.

A detailed overview and the underlying data are available here: Consumer Spending Index.

Note that, compared to the last data update, we revised the adjustment factor to account for shifts from cash to digital payments using updated information from payment surveys. Further information can be found in the ReadMe (Dateien – Switch Drive).

Consumer Spending Index (CSI) Switzerland

The CSI Switzerland is a joint initiative of the University of St.Gallen and its research partner Worldline Switzerland AG. The high-frequency index is granular across regions and broad product categories and allows for a consistent analysis over multiple years. It is updated monthly.