Market news
29.09.2017, 07:13

Swiss KOF Economic Barometer increases by 1.6 points to a level of 105.8

In September 2017, the KOF Economic Barometer increases compared to the previous month (revised from 104.1 to 104.2) by 1.6 points to a level of 105.8. Accordingly, it partially reverses its decline in August. The Barometer still stands markedly above its long-term average. It thus indicates a continuation of growth with rates above average, even though the last few months do not reveal any clear up- or downward trend.

The strongest positive contributions come from the manufacturing sector. The indicators relating to the hotel and catering industry also show a slight upward tendency. At the same time, the outlook for domestic consumption, the export industry, the financial sector and construction has deteriorated somewhat.

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