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Swiss KOF Economic Barometer Rises Markedly
In February 2017, the KOF Economic Barometer rose by 5.2 points to a new reading of 107.2. This pronounced upturn to a level clearly above its long-term average indicates that in the near future the Swiss economy should grow at rates above average. In February 2017, the KOF Economic Barometer climbed from 102.0 in January (revised up from 101.7) by 5.2 points to a level of 107.2, which is markedly above its long-term average and as high as it had last stood in the end of 2013. The Swiss franc appreciation shock from early 2015 hence by now appears to have been largely overcome. The strongest positive contributions to ... (full story)