The ZEW-CS Indicator for the economic sentiment in Switzerland continues to improve in November 2016. Compared to the previous month, it increased by 3.7 points to a current reading of 8.9 points.
This marks the third successive rise of the indicator. In contrast, the assessment of the current economic situation in Switzerland deteriorates: the corresponding indicator declines by 3.2 points to a level of 14.7 points.
Almost three quarters of the surveyed experts expect the economic development to remain unchanged within the next six months. Furthermore, a large majority of 85 per cent of the respondents considers the current economic situation to be “normal”.
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