FXstreet.com (Barcelona) - Economic expectations have brightened up again in Switzerland in May, as the Zew indicator for economic expectations has improved considerably in May, according to a survey by the Zew institute for economic studies.

The Zew indicator of economic expectations has improved in May to -60.4 points from -71.4 points in April, although the index measuring the assessment of the current economic situation has remained practically unchanged at 64.6, 0.7 points below April's level.

Interest rate expectations have risen considerably on the month, although the majority of the respondents expect rates to remain unchanged on the month. Inflation expectations have increased as well, 54.2% of the participants think that prices will continue increasing.