FXstreet.com (Barcelona) - The general outlook on economy is turning darker and darker for Swiss citizens, according to the Economic Expectations Index by the ZEW centre for economic research, which has posted in March its fifth consecutive decline.

In March, the ZEW economic expectations index has declined 16.2 points to the current -71.7 level. The assessment of the current situation index has dropped 2.7 points to 69.6.

Inflation expectations have reduced again, only 30% of the surveyed persons think that inflation will increase, same applies for Interest rate hikes; 78.3% of the surveyed persons affirm that interest rates will remain unchanged over the forthcoming months.