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Swiss KOF Economic Barometer: Economic outlook remains muted
In May, the KOF Economic Barometer rises by 0.2 points to a level of 98.0 (after revised 97.8 in the previous month). The almost unchanged Barometer is apparent in the mixed developments of the indicator bundles included in the KOF Economic Barometer. Among the production side indicator bundles, the indicators for manufacturing are particularly under pressure, which is inter alia cushioned by a positive outlook in the indicators for financial and insurance services. While on the demand side, the indicators for foreign demand exhibit more favourable developments, the indicators for private consumption experience a ... (full story)
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