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A touch of optimism for the Swiss economy

The Swiss economy has reason to rejoice! Economists and analysts are once again optimistic about the Swiss economic outlook. Compiled by Credit Suisse and the CFA Society Switzerland, the index of confidence in the future of the Swiss economy returned to positive territory in December 2019 for the first time since June 2018, standing at 12.5 points, compared with -3.9 in November.

This renewed confidence among analysts is based in particular on the still solid situation of the Swiss labour market and the improved economic prospects for Europe. For the next three to five years, the specialists forecast average growth in Swiss Gross Domestic Product (GDP) of 1.3%.