Latest data released by KOF – 30 June 2021
- Prior 143.2; revised to 143.7
That is a bit of a miss but comes amid some moderation after rising strongly following increased optimism in the early stages of Q2. KOF notes that:
At mid-year, the KOF Economic Barometer moves a step towards its long-term average. The strong rise of the barometer across the last months is now replaced by a corrective movement. The barometer still lies well above its long-term average. The prospects for the Swiss economy remains very positive, provided that the economy is not severely affected by a renewed spread of the virus.