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- The Swiss KOF Economic Barometer little change in July
The Swiss KOF Economic Barometer little change in July
The KOF Economic Barometer only slightly moved in July. Compared to its June value, it decreased by 0.2 to 101.1 points. The current Barometer value still stands slightly above the long-term average of 100 points; it thus indicates a slightly above-average economic development in Switzerland in the coming months.
In July, the KOF Economic Barometer fell slightly to 101.1 points from 101.3 in June (101.7 in the initial publication in June). Negative indicators for manufacturing, the export industry and the accommodation and food service activities sector were mainly responsible for the slight decrease. Positive signals come from the banking and the construction sectors.
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