Swiss financial analysts’ confidence erodes further

27 Sep 2024

• The UBS CFA Society Switzerland indicator edged down in September to its lowest level since January 2024, reflecting increasingly more pessimistic growth expectations for the Swiss economy.

• On the other hand, analysts’ long-term GDP growth and inflation expectations for Switzerland were stable.

• Survey participants view the global growth outlook as a greater risk to the Swiss economy over the next 12 months than geopolitics, trade tensions or inflation.

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