The ZEW-CS-Indicator for the economic sentiment in Switzerland has increased slightly. With an improvement by 1.9 points, the indicator reaches a reading of 19.4 points in June 2016. Economic expectations thereby continue the upward trend already witnessed in Q2 2016. In June, Swiss economic expectations reached their highest assessment balance since February 2014. The ZEW-CS-Indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six-month time horizon. It is calculated on a monthly basis by the Mannheim Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS), Zurich.
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Witzpiry Lnijsaa:
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