The morale of analysts remained tarnished in May by the war in Ukraine, the sanitary confinements in China and the tightening of monetary policies. A majority (58%) of specialists expects an economic slowdown over the next six months.
Unveiled on Wednesday, the index compiled by Credit Suisse and the CFA company thus stood at -52.6 points during the month under review, down one point compared to April, the authors of the study said on Wednesday. in a press release.
On the other hand, economic expectations for the euro zone and Switzerland have improved, as fears of an abrupt interruption in Russian gas deliveries have diminished.
Over a six-month horizon, major headwinds are expected on the inflation side, followed by war, monetary policies and logistical issues.
For 2023, fears of a recession have increased in the opinion of analysts, especially in the euro zone. Due to soaring energy prices and the war in Ukraine, half of the specialists surveyed expect a recession in the European monetary union in 2023, against only 25% in Switzerland, 33% in the United States and 30% in China.
/ATS