Switzerland Economic Sentiment September 2022

Switzerland

Switzerland: KOF Economic Barometer increases in September but remains downbeat

September 30, 2022

The KOF Economic Barometer rose to 93.8 in September from August's 93.5. Consequently, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the Swiss economy.

The slight uptick was due to indicators for the manufacturing sector. In contrast, indicators from the finance and insurance sector and for foreign demand were weak.

FocusEconomics Consensus Forecast panelists project the economy to expand 2.3% in 2022, which is down 0.2 percentage points from the previous month’s forecast, and 1.0% in 2023.


Author:, Economist

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Switzerland Economic Sentiment Chart


Switzerland Economic Sentiment September 2022

Note: KOF Economic Barometer.
Source: KOF Swiss Economic Institute.


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