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,
Switzerland Economic Sentiment
Switzerland: Economic barometer jumps in April
April 27, 2012
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Switzerland Economic News
March 8, 2017
Consumer prices climbed 0.5% from the previous month in February, which was above January’s flat reading and also above market expectations of a 0.2% rise.
March 2, 2017
In January, retail sales contracted a seasonally and working-day adjusted 1.4% from the same month of last year, a moderate improvement from the revised 4.1% plunge in December (previously reported: -3.5% year-on-year). On a monthly basis, retail sales adjusted for seasonal factors increased 0.6% in January, which contrasted the 2.3% drop in December.
March 2, 2017
Switzerland’s gross domestic product grew meagerly in the fourth quarter as improved consumer confidence was weighed down by a still sluggish economic acceleration in the Euro area.
February 28, 2017
Switzerland’s KOF economic barometer—a leading composite indicator for the Swiss economy forecasting a six-month period—rose steeply from 102.0 points in January (previously reported: 101.7) to 107.2 points in February.
February 14, 2017
Consumer prices were unchanged from the previous month in January, which was slightly above December’s 0.1% slip and also above market expectations of a 0.1% drop.