Switzerland Economic Sentiment

Switzerland

Switzerland: Economic barometer jumps in April

In April, the KOF Institute economic barometer indicator, a leading indicator for future GDP growth, jumped to 0.40 points from a revised 0.09 points in March (previously reported: 0.08 points), pushing the index to its highest level since October 2011. The figure overshot market expectations that had the index rising to 0.26 points. According to the Institute, the reading suggests that the economy is likely to expand over the next six months on a year-on-year basis. The monthly improvement reflected an increase in the core GDP sub-indicator (which excludes the construction and banking sectors), which, according to the institute,


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