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Switzerland Economic Sentiment July 2022

Switzerland: KOF Economic Barometer decreases in July

The KOF Economic Barometer fell to 90.1 in July from June’s 95.2. July’s result marked the worst performance since July 2020. As a result, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the Swiss economy.

July’s drop was driven by deteriorations in indicators for the manufacturing, accommodation and food service activities, other services, and financial and insurance services sectors.

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