ZEW-CS Financial Market Test Switzerland - Economic Expectations Decrease

Economic expectations for Switzerland decreased in September 2011. The relevant ZEW-CS Indicator dropped by 4.3 points to the minus 75.7 threshold. 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 also continued to follow its downward trend. It recorded the worst reading in more than one year falling by 15.4 points to the 18.9 mark. The indicator for inflation expectations also declined further. It now stands at the minus 35.1 point level.

For further information please contact

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

Thomas Herrmann (CS), Phone +41 44 333-5062, E-mail thomas.herrmann@credit-suisse.com