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
November 30, 2016
Switzerland’s KOF economic barometer—a leading composite indicator for the Swiss economy forecasting a six-month period—fell from 103.9 points in October to 102.2 points in November, although it still remained above the 100-point threshold which indicates the series’ long-run average. The KOF Swiss Economic Institute commented that the fall was due to a worsened outlook in the hotel, catering and manufacturing sectors, while the sentiment in the financial services sector improved.
November 7, 2016
In October, Swiss consumer prices increased 0.1% from the previous month, which mirrored September’s change and was just under market expectations of a 0.2% increase.
November 3, 2016
Consumer sentiment among Swiss households improved ahead of the fourth quarter, though it remained firmly pessimistic.
November 2, 2016
In October, the manufacturing Purchasing Managers’ Index (PMI) produced by Credit Suisse and procure.ch came in at 54.7 points, beating September’s 53.2 points.
November 1, 2016
In September, Swiss retail sales contracted a seasonally- and working-day adjusted 2.3% from the same month last year, which was a softer drop than the 2.8% decline seen in August.