Experts pessimistic about the Swiss economic outlook

According to financial analysts and economists, the outlook for the Swiss economy remains bleak. Although they assessed the outlook for the Swiss economy in October as slightly better than a month ago, the index calculated by the major bank UBS remains in the red. + Get the most important news from Switzerland in your inbox The UBS CFA indicator, which summarises the expectations of financial analysts and economists regarding the economy over the next six months, rose by 1.1 points to -7.7 points in October compared to the previous month. However, it remains in negative territory for the fifth month in a row, UBS explained in a press release on Wednesday. The survey therefore continues to indicate a slightly negative outlook for the Swiss economy over the next six months, according to UBS. A deterioration in the economic situation is also expected in the eurozone and the US. However, the assessment of the current situation in the US is much more positive, which relativises the ...