ZEW-CS Financial Market Test Switzerland: Economic Outlook Improves Considerably

Economic expectations for Switzerland have increased markedly for the second consecutive month. The ZEW-CS-Indicator has gained 28.9 points and reached the minus 21.2 mark in February 2012. 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.

Nevertheless, financial market experts’ opinion on the current economic situation in Switzerland is virtually unchanged in February. The respective indicator remains at a level of minus 15.5 points. Among the participants only 5.7 per cent consider the state of the Swiss economy to be "good".

For further information please contact

Lena Jaroszek (ZEW), Phone +49 621/1235-380, E-mail jaroszek@zew.de

Maxime Botteron (CS), Phone +41 443329061, E-mail maxime.botteron@credit-suisse.com