Switzerland's Economic Outlook Remains Stable
ZEW-CS Financial Market Test Switzerland
However, the current economic situation in Switzerland is evaluated more pessimistically compared to the previous survey. The respective indicator has dropped by 10.3 points to 48.8 points in May. The economic situation is gauged to be "normal" or "good" by about half of respondents respectively.
Analysts' evaluation of the Eurozone deteriorated in May. The assessment of the current economic situation in the Eurozone has worsened by 8.8 points to a level of minus 30.8 points. Economic expectations for the Eurozone have decreased slightly by 3.3 points reaching a still considerable reading of 52.5 points indicating that the financial analysts still expect a recovery in the Eurozone within the next six months.
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): http://www.zew.de/en/publikationen/finanzmarktreportschweiz/finanzmarktreportarchivschweiz.php?year=201 4&submit=Los&si=FMCH
Zentrum für Europäische Wirtschaftsforschung GmbH (ZEW)
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