The KOF Economic Barometer continues its upward tendency in December. It has risen further by roughly one point to 111.3 points (after revised 110.4 in November). The Barometer now stands at its highest reading since June 2010. The Swiss economy is in an upswing.
The high standing of the Barometer in December is driven mainly by the positive development of the indicators for the banking sector, after a less positive development in the last month.