Swiss May ZEW Indicator Declines for First Time Since December
Swiss investor confidence fell for the first time since December, ending a four-month increase and adding to signs the economy’s stabilization may be stalling.
An index of investor and analyst expectations that aims to predict economic developments six months in advance dropped to minus 4 in May from 2.1 in April, the ZEW Center for European Economic Research in Mannheim, Germany, and Zurich-based Credit Suisse Group AG said today in an e-mailed statement.
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