Lower Economic Expectations

ZEW-CS Financial Market Test Switzerland

(PresseBox) ( Mannheim, )
The ZEW-CS-Indicator of Economic Sentiment for Switzerland declines by 12.9 points, reaching the 40.5 mark in May 2010.

This is revealed by the current Financial Market Test Switzerland, carried out monthly by the Centre for European Economic Research (ZEW) in cooperation with Credit Suisse

(CS).

The indicator for the assessment of the current economic situation in Switzerland also declined, dipping by 8.5 points to the 4.8 level, but still wavering in positive territory for the second consecutive month.

In the wake of the pickup in the previous month, inflation expectations diminished again in May. But overall, the share of respondents who expect prices to decrease remained rather modest at 9.5 percent (up 5.1 percentage points). With 61.9 percent the majority of financial experts continue to forecast a constant inflation rate.

88.1 percent of questioned analysts predict that interest rate levels will hold steady. Merely 11.9 percent of the survey participants believe that shortterm rates will rise on a sixmonth 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_201005.pdf
The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material.
The use of information published here for personal information and editorial processing is generally free of charge. Please clarify any copyright issues with the stated publisher before further use. In the event of publication, please send a specimen copy to service@pressebox.de.