- ZEW Institute and Credit Suisse Group’s survey: Switzerland's economic sentiment index climbs to 9.7 points in September, the highest reading since March 2014
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16 September 2015
ZEW Institute and Credit Suisse Group’s survey: Switzerland's economic sentiment index climbs to 9.7 points in September, the highest reading since March 2014
A survey by the ZEW Institute and Credit Suisse Group showed on Wednesday that Switzerland's economic sentiment index climbed to 9.7 points in September from 5.9 points in August. It was the highest reading since March 2014.
"Experts remain cautious, however, in regard to the economic trend in Switzerland. Slightly more than one third of respondents expect the situation to improve, one quarter forecast deterioration and the remaining respondents do not expect any change in the Swiss economic situation," the ZEW said.
The current conditions rose by 7.9 points to -9.7 points in September from -17.6 points in August.
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