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
January 9, 2017
In November, retail sales grew a seasonally- and working-day adjusted 0.9% from the same month last year, which was the first expansion in 16 months.
January 5, 2017
In December, consumer prices decreased 0.1% from the previous month, which was slightly above November’s 0.2% slip and matched market expectations.
January 3, 2017
In December, the manufacturing Purchasing Managers’ Index (PMI) produced by Credit Suisse and procure.ch came in at 56.0 points, which was below November’s multi-year high of 56.6 points.
December 23, 2016
Switzerland’s KOF economic barometer—a leading composite indicator for the Swiss economy forecasting a six-month period—remained at November’s 102.2 points in December.
December 15, 2016
At its 15 December meeting, the Swiss National Bank (SNB) decided to maintain the target range for the three-month Libor at between minus 1.25% and minus 0.25%, as markets had expected.