Swiss investor sentiment improved markedly in May, though it remained firmly pessimistic, according to the latest ZEW Expectations index. The gauge of economic expectations for Switzerland climbed to -11.1 in May 2026 from -30.3 in April 2026, based on data updated on 27 May 2026.
The sharp move higher suggests that while economic headwinds persist, fears about Switzerland’s outlook have eased compared with the previous month. The less negative reading indicates that analysts and institutional investors are seeing reduced downside risks, even if they are not yet confident enough to anticipate a robust upswing.