Schweiz ZEW-Konjunkturerwartungen

The Swiss investors’ sentiment index increased by 19.9 points to -2.1 in June 2025, recovering from -22 in the previous month. According to UBS, surveyed analysts noted that although geopolitical tensions and trade-policy risks persist, they continue to expect long-term growth and inflation to remain stable. They also generally view negative interest rates as supportive of GDP and inflation, though potentially detrimental to pension funds and household interest income. Meanwhile, the current conditions index rose to 12.8 in June from 1.7 in May.