Analysts’ confidence tinged with doubt
After three strong months, the sentiment indicator is consolidating at a high level. One likely reason for this trend is the sluggish recovery in export momentum.
The survey participants’ mid-term forecasts for economic growth and inflation in Switzerland have continued to deteriorate since last quarter. A full recovery is not expected in 2021.
Read the full article (see under Research: Swiss Economy / Financial Market Survey – July 2020 (PDF)) here.
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