Swiss housing on the lake with mountains in switzerland

Switzerland Economic Sentiment August 2021

Switzerland: KOF Economic Barometer eases but remains in positive territory in August

The KOF Economic Barometer fell to 113.5 in August from July’s 130.9. August’s result marked the worst reading since February. However, the index remained entrenched above the long-term average of 100, pointing to a positive near-term outlook for the Swiss economy.

After surging through May as the economy reopened and pent-up demand was released, the Barometer has dipped markedly since then. While some normalization in the Barometer was always to be expected, the recent uptick in Covid-19 cases and supply disruptions have likely also played a role. August’s decline was driven by a broad-based deterioration across indicators, with the exception of those from the construction industry.

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