ZEW-CS Financial Market Test Switzerland - Economic Expectations Almost Unchanged

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 ZEW-CS-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.

For further information please contact

Dr. Gunnar Lang (ZEW), Phone +49 (0)621/1235-372, E-mail lang@zew.de

Fabian Heller (CS), Phone +41 44 332 90 61, E-mail fabian.heller@credit-suisse.com