Market Updates: Swiss KOF Economic Barometer Slips to 96.3
The KOF Economic Barometer closes 2018 with 96.3 points. More precisely than last month, the indicator prevails beneath its long-term...
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Last updated: Friday, December 28, 2018
As per the recent report coming from KOF Economic Research Agency, the KOF Economic Barometer closes 2018 with 96.3 points. More precisely than last month, the indicator prevails beneath its long-term average.
The high growth levels of the Swiss economy that was seen at the start of the year, can consequently no longer be affirmed. As a result, the economic outlook for early 2019 is more clouded.
In December, the KOF Economic Barometer fell by 2.6 points to 96.3 points compared with November (revised to 98.9 points from 99.1 points).
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Arslan Butt
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Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.
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