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KOF Economic Barometer: downward trend halted

From kof.ethz.ch

In February, the KOF Economic Barometer rose above its long-​term average. As a result, the downward trend since the interim high during the pandemic in September 2020 has come to an end, at least for the time being. For the next few months, the barometer now signals somewhat more lively economic activity. The KOF Economic Barometer rose to 102.7 points in February, which is slightly above its long-​term average of 100. The increase compared to the previous month amounts to 6.2 points, from 96.5 in January. The indicators from the services sectors are particularly responsible for this. Slightly negative signals are ... (full story)

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  • Category: Low Impact Breaking News