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KOF Economic Barometer remains at below-average level

From kof.ethz.ch

The KOF Economic Barometer fell slightly again in August and thus settled at the below average level observed since May. At 91.1 points, the barometer continues to signal below-​average development. Accordingly, the Swiss economy has to expect a somewhat unfavourable economic situation in the near future. The KOF Economic Barometer fell in August by 1.0 points from 92.1 (revised from 92.2 in July) to a level of 91.1. All indicator bundles contributed to this result except those on construction and domestic consumption, which developed slightly positively. By contrast, sentiment has particularly worsened in ... (full story)

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