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KOF Economic Barometer: Distinct Increase at the End of the Year

From kof.ethz.ch

The KOF Economic Barometer reaches its previous year’s closing level in December. The barometer, which tended to fall during the year, has thus fully recovered. However, the barometer is still below its long-​term average. The outlook for the Swiss economy at the beginning of 2020 is brightening somewhat, but remains subdued. The KOF Economic Barometer rises by 3.8 points in December from 92.6 (revised from 93.0) to a value of 96.4. The distinct increase is primarily due to bundles of indicators from the manufacturing sector. Positive signals also result from indicators covering other services and foreign demand. I ... (full story)

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