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Switzerland Economic Sentiment April 2021

Switzerland: KOF Economic Barometer hits all-time high in April

The KOF Economic Barometer came in at 134.0 in April, up notably from March’s 118.0. April’s result marked the best reading on record. Consequently, the index moved further above the 100-point threshold corresponding to the series’ long-run average.

The improvement was led by the manufacturing sector, amid strengthening foreign demand, although the outlook for services and consumer demand also improved notably. April’s figure suggests a strong acceleration in economic activity is in store in the months ahead.

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