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- The Swiss KOF Economic Barometer stands slightly above its long-term average
The Swiss KOF Economic Barometer stands slightly above its long-term average
In May 2017, the KOF Economic Barometer stands, with its new value of 101.6 points, slightly above its long-term average. However, it did decrease substantially as compared to April. The decrease was mainly due to negative contributions by manufacturing. In addition, the indicators for the export development and for domestic consumption as well as the ones from the financial and the constructing sectors contributed negatively to the dynamics of the Barometer.
Within manufacturing, the negative outlook was mainly visible in the paper, metal and electronic industries. These negative dynamics were slightly compensated by a more positive outlook in the food industry.
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