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Swiss KOF Economic Barometer: The economic outlook deteriorates
In March, the KOF Economic Barometer decreases by 7.7 points to a level of 96.1 (after revised 103.8 in the previous month). The dampened outlook is reflected in both the production side and the demand side indicator bundles which are included in the Economic Barometer. The indicator bundles for manufacturing and for foreign demand in particular experience a strong setback. The sub-indicators for different aspects of business activity within the producing industry (manufacturing and construction) equally exhibit the negative developments. Particularly the sub-indicators for exports, for the general business situation ... (full story)