December 6, 2022

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Switzerland June KOF leading indicator index 133.4 vs 144.7 expected

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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.

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