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KOF Economic Barometer: Upswing Sets a More Leisurely Pace
The KOF Economic Barometer fell in October after having risen in the previous month. At 100.1 points, the barometer is now as good as on its long-term average of 100.0. Since May of this year, the KOF Economic Barometer has thus been fluctuating around its long-term average. The Swiss economy is therefore in the coming months likely to grow with average rates. In October, the KOF Economic Barometer fell by 2.2 points, from 102.3 points in September (revised from 102.2 points) to 100.1 points. It is noteworthy that this decline is quite broadly visible in various indicator bundles. The decline in the indicators for ... (full story)