- Switzerland's economic sentiment index dropped to -10.8 points in January
Market news
21 January 2015
Switzerland's economic sentiment index dropped to -10.8 points in January
A survey by the ZEW Institute and Credit Suisse Group showed today that Switzerland's economic sentiment index declined to -10.8 points in January from -4.9 points in December.
A negative reading indicates more respondents expect the economic outlook to worsen than those who expect it to improve.
The decline was driven by the Swiss National Bank's decision to discontinue the 1.20 per euro exchange rate floor.
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