The ZEW-CS Indicator of economic expectations for Switzerland has
been rising for several months in a row, however, it declined during
March 2013, for the first time since October 2012. The indicator
decreases by 7.7 points to a level of 2.3 points, thereby stabilizing
close to the neutral level of zero. This development suggests that the
analysts surveyed expect a stable economic situation until this year's
third quarter. 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.
Source by Commodity Insights
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