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KOF Economic Barometer: Alleviation in sight

From kof.ethz.ch

The KOF Economic Barometer rises strongly in July for the second month in a row. This is the strongest monthly upward movement that the barometer has ever shown. However, the downward move in April was even more pronounced. The economic prospects for the Swiss economy therefore remain subdued.The KOF Economic Barometer shows an extraordinarily strong increase of 25.1 points in July. From 60.6 (revised from 59.4) points in June, the barometer rose to 85.7 points. Despite this positive development, the value remains clearly below its long-​term average. Responsible for the current easing are primarily the ... (full story)

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  • Category: Low Impact Breaking News