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Swiss KOF Economic Barometer Is Climbing

From kof.ethz.ch

In October 2016, the KOF Economic Barometer rose by 3.1 points (from revised 101.6 in September) to 104.7. It thus recovered from its recent summer trough of below the 100 points and stands as high as for the last time in January 2014. Accordingly, the outlook for the Swiss suggests above potential short-term growth rates. In October 2016, the KOF Economic Barometer, with a new reading of 104.7, pointed visibly above its long-term average. The strongest impulses contributing positively to the dynamics of the Barometer came from hospitality services and manufacturing. The only negative impacts came from the financial ... (full story)

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