In August 2013 economic expectations for Switzerland increased slightly by 2.4 points. Accordingly, the ZEW-CS-Indicator of economic expectations now stands at 7.2 points. This could be a first indication that economic expectations might slide over to a gentle upwards trend after three consecutive months on a stable level. The ZEW-CS Indicator is calculated monthly by the Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS). The indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six-month time horizon. The ... (full story)