The Swiss investor sentiment index slipped to -37.5 in August of 2019 from -24 in the previous month and compared with -14.3 in the same month of the prior year. It was the lowest reading since January, amid increasing global growth concerns. Meantime, the assessment of the current economic situation fell to 24.0 from 26.9 in July and 57.1 a year earlier. Zew Economic Sentiment Index in Switzerland averaged -7.78 from 2007 until 2019, reaching an all time high of 65 in October of 2009 and a record low of -91.10 in October of 2008.
Zew Economic Sentiment Index in Switzerland is expected to be -27.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Zew Economic Sentiment Index in Switzerland to stand at -2.00 in 12 months time. In the long-term, the Switzerland CS-CFA Society Economic Sentiment Index is projected to trend around -7.00 in 2020, according to our econometric models.