• The Swiss KOF Economic Barometer decreases by 1.1 points in November, from 100.2 points in October

Market news

30 November 2018

The Swiss KOF Economic Barometer decreases by 1.1 points in November, from 100.2 points in October

The KOF Economic Barometer decreases by 1.1 points in November, from 100.2 points in October (revised from 100.1 points) to 99.1 points. This month’s decline was in particular due to less favourable export prospects. The impetus from foreign demand is likely to weaken somewhat in the coming months. The development in the banking and insurance sector may lose some of its momentum. By contrast, slight support for the economy will come from the construction sector and private consumption. The manufacturing sector in particular is also resisting the downward tendency. The indicators for the manufacturing sector have developed positively overall.

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