UBS CFA Indicator: Rebound in July

• The UBS CFA Indicator rose by 35.0 points to 10.0 in July, reaching its highest level this year, despite renewed geopolitical tensions.
• The growth outlook for the Swiss economy remains robust but subpar in 2026, while the survey suggests some scope for an acceleration in growth next year.
• A majority of analysts expect the SNB to keep its policy rate unchanged over the next twelve months, although expectations of rate hikes have gained ground in recent months. 

Where do I find the PDF? Please click on the Link below, scroll to «Marketing Publications: Retail Outlook 2026, PMI and Financial Market Survey», click on «UBS CFA Indicator: Rebound in July» and download the publication. Please note, that the July edition will be published delayed due to technical reasons on the UBS end.

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