Market Updates: Swiss KOF Economic Barometer Slips to 96.3

Posted Friday, December 28, 2018 by
Arslan Butt • 1 min read

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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