Economic Outlook Less Pessimistic
ZEW-CS Financial Market Test Switzerland(PresseBox) (Mannheim, )
The share of financial market experts expecting the economic environment in Switzerland to deteriorate on a six month horizon decreased by 4.4 percentage points to 40.0 per cent. The group of experts anticipating the economic situation to improve increased by a comparable size. However, with a share of 6.7 per cent the group of optimists is still relatively small. 53.3 per cent of the surveyed analysts expect the economic development in Switzerland to remain stable over the next six months.
Financial analysts' assessment of the current economic environment worsened slightly in August. However, after a decrease by 7.4 points the indicator still stays in positive territory reaching a mark of 11.0 points in August.
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):