ZEW Institute and Credit Suisse Group’s survey: Switzerland's economic sentiment index climbs to 0.1 points in June

Market news

17 June 2015

ZEW Institute and Credit Suisse Group’s survey: Switzerland's economic sentiment index climbs to 0.1 points in June

A survey by the ZEW Institute and Credit Suisse Group showed on Wednesday that Switzerland's economic sentiment index rose to 0.1 points in June from -0.1 points in May.

The current conditions index dropped to -23.0 points in June from 0.0 points in May, driven by a downgrade of the Swiss gross domestic product (GDP) estimate for Q1 2015. The State Secretariat for Economic Affairs (SECO) forecasts Switzerland's real GDP to decline by 0.2%.

71.8% of the financial analysts noted that the present state of Switzerland's economy is "normal".

European stock markets mid session: stocks traded lower as concerns over the Greek debt problem still weighed

Eurozone's final consumer price index increases 0.2% in May

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