Tag Archive: Switzerland KOF Economic Barometer
KOF Economic Barometer: Strongest monthly plunge since 2015
The reading of the KOF Economic Barometer dropped drastically in March and is now with 92.9 well below its long-term average. Accordingly, the Swiss economy can be expected to see a marked decline in growth rates in the near future. This plunge of the Barometer reflects the first economic consequences of the accelerated spread of the Coronavirus.
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KOF Economic Barometer: Stabilization at a low level
The KOF Economic Barometer has halted its downward movement, at least for the time being. At 94.7 points, however, the barometer is still well below its long-term average. The Swiss economy is therefore likely to grow with below-average rates in the upcoming months.
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Switzerland Employment Barometer in the Q4 2018: Situation Sustained
In the 4th quarter 2018, total employment (number of jobs) rose by 1.3% in comparison with the same quarter a year earlier (+0.2% with previous quarter; seasonally adjusted figures). In full-time equivalents, employment in the same period rose by 1.6%.
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Employment Barometer in the Q3 2018: Solid Employment Growth
In the 3rd quarter 2018, total employment (number of jobs) rose by 1.6% in comparison with the same quarter a year earlier (+0.1% with previous quarter; seasonally adjusted figures). In full-time equivalents, employment in the same period rose by 1.8%. The Swiss economy counted 13 500 more vacancies than in the corresponding quarter of the previous year (+23%) and the employment outlook indicator continues to indicate an upward trend (+1.0%). These...
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KOF Economic Barometer: Upswing Sets a More Leisurely Pace
In August 2018, the KOF Economic Barometer fell slightly by 1.4 points to a new reading of 100.3. It thus now pints to a level that is only marginally above its long-term average. Accordingly, in the near future Swiss growth should hover around its average over the last ten years.
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KOF Economic Barometer: Falling
In August 2018, the KOF Economic Barometer fell slightly by 1.4 points to a new reading of 100.3. It thus now pints to a level that is only marginally above its long-term average. Accordingly, in the near future Swiss growth should hover around its average over the last ten years.
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Employment Barometer in the Q2 2018: Sharp Rise in Employment in Switzerland
In the 2nd quarter 2018, total employment (number of jobs) rose by 2.1% in comparison with the same quarter a year earlier (+0.4% with previous quarter). In full-time equivalents, employment in the same period rose by 2.0%. The Swiss economy counted 14 000 more vacancies than in the corresponding quarter of the previous year (+22.6%) and the employment outlook indicator is also indicating an upward trend (+1.1%). These are some of the findings from...
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KOF Economic Barometer, July: Remains Practically Unchanged
The KOF Economic Barometer only slightly moved in July. Compared to its June value, it decreased by 0.2 to 101.1 points. The current Barometer value still stands slightly above the long-term average of 100 points; it thus indicates a slightly above-average economic development in Switzerland in the coming months.
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KOF Economic Barometer, June: Economic Outlook Improves Slightly
The KOF Economic Barometer rose again in June for the first time in three months. It increased by 1.7 points to 101.7 points, stopping its downward tendency in spring. The current Barometer value is now slightly above the long-term average of 100.0. Thus, the KOF Economic Barometer indicates a slightly above-average economic development in Switzerland. The tailwind for the Swiss economy is no longer as strong as during winter.
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Employment barometer in the Q1 2018: Fastest growth in employment in industry for 10 years
In the 1st quarter 2018, total employment (number of jobs) rose by 1.6% in comparison with the same quarter a year earlier (+0.6% with previous quarter, +1.7% in full-time equivalents). The Swiss economy counted 77 000 more jobs and 11 000 more vacancies than in the corresponding quarter of the previous year.
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KOF Economic Barometer: Falls Back to its Long-term Average
The KOF Economic Barometer for May fell by 3.3 points to a new standing of exactly 100 points. The last time the Barometer had a similar standing was in December 2015. The current value of 100 points to an average development of the Swiss economy in the coming months.
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KOF Economic Barometer: Economic Outlook Remains Stable
The KOF Economic Barometer for April points to an almost stable economic development. It has risen minimally, by 0.2 points, to 105.3 points. Although the Barometer currently does not reach the positive values seen at the turn of the year 2017/2018, the current value is clearly above long-term average. The Swiss economic outlook remains favourable.
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KOF Economic Barometer is Falling
In March 2018, the KOF Economic Barometer fell by 2.4 points to a new reading of 106.0. Notwithstanding this decline, the present position is still on a level clearly above its long-term average. This indicates that in the near future the Swiss economy should continue to grow at rates above average.
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KOF Economic Barometer Stabilises at a High Level
In February 2018, the KOF Economic Barometer rose by 0.4 points to a new reading of 108.0. After the previous month’s decline, it thus stabilised its position on a level clearly above its long-term average. This indicates that in the near future the Swiss economy should continue to grow at rates above average.
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Employment barometer in the Q4 2017: Number of jobs rose by 0.8 percent YoY and 0.4 percent QoQ
In the 4th quarter 2017, total employment (number of jobs) rose by 0.8% in comparison with the same quarter a year earlier (+0.4% with previous quarter). In full-time equivalents, employment in the same period rose by 0.6%. The Swiss economy counted 9000 more vacancies than in the corresponding quarter of the previous year (+16.8%) and the employment outlook indicator is also indicating an upward trend (+1.2%).
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KOF Economic Barometer: Easing
In January, the KOF Economic Barometer does not continue its upward tendency, which started in September 2017, but has declined. However, despite the decline, the indicator remains well above its long-term average. It still indicates a more dynamic economic development than in mid-2017. The recovery of the Swiss economy is thus likely to continue, albeit with slightly less momentum than indicated in the past few months.
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KOF Economic Barometer: Swiss Economy Gains Pace
The KOF Economic Barometer continued its upward tendency in November. It rose by 0.5 points to 110.3 points (after revised 109.8 in October). This is the third consecutive increase of the indicator. The Swiss economy continues to gain momentum towards the end of the year.
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Employment barometer in the Q3 2017: Employment continues to increase in the Q3 2017
In the 3rd quarter 2017, total employment (number of jobs) rose by 0.8% in comparison with the same quarter a year earlier (+0.3% with the previous quarter). In full-time equivalents, employment in the same period rose by 0.5%. The Swiss economy counted 4000 more vacancies than in the corresponding quarter of the previous year (+7.5%) and the employment outlook indicator is also indicating an upward trend (+0.6%).
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KOF Economic Barometer: Prospects for the Swiss Economy Continue to Brighten Up
The KOF Economic Barometer rose by 3.0 points in October. This is the second upward movement in succession. The indicator reached 109.1 points in October (after revised 106.1 in September). Autumn is welcoming the Swiss economy with a tailwind.
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KOF Economic Barometer: Outlook for the Swiss Economy Remains Favourable
In September 2017, the KOF Economic Barometer increases by 1.6 points. It thus partially reverses its previous month’s decline. With a new reading of 105.8, the Barometer still points to a level clearly above its long-term average. This indicates that the outlook remains favourable - the Swiss economy should continue to grow at above average rates in the near future.
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