Economic Expectations Almost Unchanged

ZEW-CS Financial Market Test Switzerland

Mannheim, (PresseBox) - Economic expectations for Switzerland brightened up just marginally in February, with the relevant ZEW-CS-Indicator edging up by only 1.2 points to the minus 17.2 mark. The ZEWCS Indicator is calculated monthly by the Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS). The indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six month time horizon.

The indicator for the assessment of the current economic situation lost ground by 11.1 points in the wake of the strong surges recorded in previous months, but continues to hover at a very high threshold of 60.0. Inflation expectations climbed further in February, with 48.6 percent of respondents (plus 6.5 percentage points) in the interim anticipating a pick-up in the Swiss consumer price index on a six-month horizon.

Detailed results More detailed results - including survey participants' assessment of developments in other countries - can be found in this month's edition of the "Switzerland Financial market report" (please note that the URL is case sensitive): https://marketdataresearch.credit-suisse.com/cs/mdr/p/d/qrr/oneCMScontent/doc/pdf/zew_en_201102.pdf

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