The Swiss investor sentiment rose to -22.2 in December 2018 from a near four-year low of -42.3 in the previous month, with a large number of the survey respondents expecting a first rate hike by the Swiss National Bank before the end of 2019. While expectations for the euro area are virtually unchanged, the survey respondents now see marginally better prospects for China and are a little more cautious on the economic trend in the US. The index for current conditions, however, dropped to 59.3 in December from 61.5 in November. Zew Economic Sentiment Index in Switzerland averaged -6.77 from 2007 until 2018, reaching an all time high of 65 in October of 2009 and a record low of -91.10 in October of 2008.
Zew Economic Sentiment Index in Switzerland is expected to be -32.60 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Zew Economic Sentiment Index in Switzerland to stand at 5.10 in 12 months time. In the long-term, the Switzerland CS-CFA Society Economic Sentiment Index is projected to trend around 12.20 in 2020, according to our econometric models.