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KOF Economic Barometer – Rise in May

From kof.ethz.ch

In May 2013 the KOF Economic Barometer rose by 0.06 points. In the previous month it gained 0.02 points as well. The prospects for Swiss industry and construction have improved. The situation in banking is stable. However, the outlook for consumption is some what gloomier. The KOF Economic Barometer is based on a multi-sector design with the remodules: the module “CoreGDP”( GDP excluding construction and banking ), the “Construction” module and the “Banking” module. The “Core GDP” module was up slightly. The“Construction” module s i g n a l s a c l e a r u p w a r d t r e n d w h e r e a s t h e f i g u r e s f o r t ... (full story)

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