KOF leading indicator for Switzerland climbs to 102.4 in February

Market news

29 February 2016

KOF leading indicator for Switzerland climbs to 102.4 in February

The Swiss Economic Institute KOF released its leading indicator for Switzerland on Monday. The KOF leading indicator climbed to 102.4 in February from 100.4 in January, beating expectations for a fall to 98.8. January's figure was revised up from 100.3.

The increase was mainly driven by the manufacturing industry.

"In the following months, the Swiss economic development might gather momentum," the KOF said.

German import prices decline 1.5% in January

German adjusted retail sales rise 0.7% in January

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