Swiss housing on the lake with mountains in switzerland

Switzerland Economic Sentiment May 2018

Switzerland: Economic sentiment declines to over two-and-a-half year low in May

In May, the KOF economic barometer—a leading composite indicator for the Swiss economy forecasting a six-month period—dropped from a revised 103.3 points in April (previously reported: 105.3 points) to the series’ long-run average of 100 points in May. This marked the worst reading since December 2015.

May’s print largely reflected a negative contribution from the manufacturing and construction sectors, which more than offset an improvement in sentiment in accommodation and food service. The decline in sentiment in manufacturing and construction was largely driven by a deterioration in the employment component. According to the press release, May’s decline reflected “a normalization of economic development” after over two years of above-average prints.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest