Financial analysts' confidence in the Swiss economy has plummeted, with the UBS-CFA index dropping to -20.0 points in December, marking a seven-month decline. Only 14.3% of respondents foresee improvement, while 34.3% predict worsening conditions. Expectations for inflation and unemployment are also pessimistic, with a majority anticipating a rise in joblessness and a strengthening of the Swiss franc against the euro.
Financial analysts are increasingly pessimistic about the Swiss economy, with the UBS and CFA Society Switzerland's economic outlook index dropping to -12.4 points in November, marking its lowest level since January. Only 18.8% of respondents expect improvement in the next six months, while 31.2% foresee worsening conditions. Inflation expectations are mixed, with 25% anticipating a rise, and 80% predicting short-term interest rate declines.
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