SZ KOF Economic Barometer

In August, the KOF Economic Barometer rises again following a more pronounced decline in the previous month. The Barometer remains slightly above its medium-term average. The Swiss economy is on a hesitant recovery path. The KOF Economic Barometer rises by 1.0 points in August to a value of 101.6 (after a revised 100.6 in July). The majority of the indicator bundles included in the Economic Barometer contribute to the upward movement. In particular, these are the bundles for the other services sector, consumer demand and the ...

In July, the KOF Economic Barometer moves closer to its medium-term average level, after having been somewhat more clearly above it during the spring quarter. The Swiss economy is likely to continue to grow at a rather moderate pace in the near future. In July, the KOF Economic Barometer drops by 1.7 points to 101.0 points (after 102.7 in June). Although this decline is not unanimous in the indicators, it is very widely visible. Above all, the outlook for both foreign demand and consumer demand is worsening. However, the indicator ...

The KOF Economic Barometer increases by 0.5 points in June to a level of 102.7 (after a revised 102.2 in May). The rise is primarily due to a more favourable outlook for foreign demand. The hospitality industry could also benefit more strongly. The indicator bundles for manufacturing, construction and private consumption remain virtually unchanged in June. In contrast, the outlook for financial and insurance services and other services is slightly gloomier. In the producing sector (manufacturing and construction), the sub-indicators ...

The KOF Economic Barometer rises in April after two consecutive months of decline. With this increase, the barometer settles in the slightly above-​average range. The Swiss economic development is robust, but there is currently no strong boost in sight. The KOF Economic Barometer climbs by 1.4 points in April to a level of 101.8 points (from a revised 100.4 in March). The outlook is improving for the majority of the aspects covered by the barometer. In particular, the indicator bundles for financial and insurance services, ...

The KOF Economic Barometer falls slightly in March and now stands at 101.5 points. The Barometer had recorded repeated increases since mid 2023 and is now stabilizing above its long-​term average. The outlook for the Swiss economy therefore remains positive. The KOF Economic Barometer stands at 101.5 points in March, 0.5 points lower than in February (revised from 101.6 to 102.0 points). The decline is primarily due to indicator bundles of the construction sector and indicator bundles capturing private consumption. However, ...

The KOF Economic Barometer falls by 0.9 points to 101.6 in February (from a revised 102.5 in January). The outlook for manufacturing and the construction sectors brightened. On the other hand, the outlook for financial and insurance services, hospitality, other services and foreign demand in general worsened. The outlook for private consumption in Switzerland is stable. In the producing sector (manufacturing and construction), indicators such as stocks of finished products, order books and the number of persons employed developed ...

The KOF Economic Barometer rises for the third consecutive month in January. This is the first time since March last year that it rises above its medium-​term average. There are increasing signs that the Swiss economy will soon recover. The KOF Economic Barometer rises by 3.5 points to a slightly above-​average level of 101.5 points in January (from a revised 98.0 points in December). At the beginning of the year, the prospects for the accommodation industry and the other services sector in particular improved. The indicator bundles ...

The KOF Economic Barometer rose moderately again in December and now stands at 97.8 points. It is thus once again moving one step closer to its long-​term average. The movements at below-​average levels that have been observed since the beginning of 2023 are thus continuing. The outlook for the Swiss economy for the start of 2024 therefore remains subdued despite a further improvement. The KOF Economic Barometer stands at 97.8 points in December, 0.6 points higher than in November (revised from 96.7 to 97.2 points). The increase is ...