Tag Archive: Switzerland KOF Economic Barometer
KOF Economic Barometer Falls
In August 2017, the KOF Economic Barometer fell by 3.9 points. It thus more than reversed its previous month’s climb. With a new reading of 104.1, however, it still points to a level clearly above its long-term average. This indicates that in the near future the Swiss economy should continue to grow at above average rates.
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Employment barometer in 2nd quarter 2017: Employment situation: more confident business outlook
In the 2nd quarter 2017, total employment (number of jobs) rose by 0.4% in comparison with the same quarter a year earlier (+0.1% with previous quarter). In full-time equivalents, employment in the same period rose by 0.2%. The Swiss economy counted 5700 more vacancies than in the corresponding quarter of the previous year (+10.5%) and the employment outlook indicator is also indicating an upward trend (+0.7%). These are some of the findings from...
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KOF Economic Barometer: Outlook for the Swiss Economy Remains Favourable
The KOF Economic Barometer rose further and reaches a value of 106.8 in July. In June, the Barometer stood at a value of 105.8 (revised from 105.5). The Barometer has been trending above its historical average for some time now and the outlook for the Swiss economy remains favourable.
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KOF Economic Barometer June: Prospects Are Brightening again
In June 2017, the KOF Economic Barometer rises by 3.5 points (from revised 102.0 in May) to 105.5. It thus largely recovers from the substantial decrease in the previous month. Accordingly, the short-term outlook for the Swiss economy suggests above-average growth rates.
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KOF Economic Barometer May: Decreases Substantially
In May 2017, the KOF Economic Barometer fell by 4.7 points (from revised 106.3 in April) to a new standing of 101.6. After a slight downward correction in the last month, the indicator’s value decreased substantially this month. However, with a standing slightly above its long-term average, the Barometer is signalling solid growth rates for the Swiss economy around its long-term average.
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Employment barometer in 1st quarter 2017: Slight increase in number of jobs in 1st quarter 2017
In the 1st quarter 2017, total employment (number of jobs) rose by 0.4% in comparison with the same quarter a year earlier (-0.1% with previous quarter). In full-time equivalents, employment in the same period rose by 0.2%. The Swiss economy counted 7,200 more vacancies than in the corresponding quarter of the previous year (+13.7%). These are some of the findings from the Federal Statistical Office (FSO).
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KOF Economic Barometer April: Is Easing
In April, the KOF Economic Barometer does not continue its upward tendency, which started at the beginning of 2017, but has declined slightly. However, despite the decline, the indicator is still well above its long-term average. It still indicates a more dynamic economic development than at the beginning of 2017. The recovery of the Swiss economy is likely to continue, albeit with a little less momentum than indicated in the past two months.
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KOF Economic Barometer February: Continues to Rise
In March 2017, the KOF Economic Barometer rose by 0.7 points to a new reading of 107.6. It thus reinforces its previous month’s climb to a level clearly above its long-term average. This indicates that the Swiss economy should grow at above average rates in the near future.
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Employment barometer in the 4th quarter 2016: Employment growth remains stable
In the 4th quarter 2016, total employment (number of jobs) rose by 0.3% in comparison with the same quarter a year earlier (+0.2% with previous quarter). In full-time equivalents, employment in the same period grew by 0.1%. The Swiss economy counted 3,800 more vacancies than in the corresponding quarter of the previous year (+7.8%). The other indicators also showed positive growth.
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KOF Economic Barometer: Soft Drop
The KOF Economic Barometer dropped slightly in January 2017. Compared to its December 2016 value it is now standing at 101.7 points. The standing at a level slightly above the long-term average indicates stable perspectives for the Swiss economy in the near future.
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Switzerland KOF Economic Barometer December: Unchanged
In December 2016, the KOF Economic Barometer stayed at its previous month’s reading of 102.2. The currently observable sideward trend, at a level slightly above the long-term average, indicates that the Swiss economy should grow at rates close to its long-term average in the near future.
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KOF Economic Barometer October: Index is Climbing
KOF Economic Barometer rose by 3.1 points (from revised 101.6 in September) to 104.7. It thus recovered from its recent summer trough of below the 100 points and stands as high as for the last time in January 2014. Accordingly, the outlook for the Swiss suggests above potential short-term growth rates.
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KOF Economic Barometer September: Slight Recovery
The KOF Economic Barometer, with a current reading of 101.3, increased 1.6 points in September 2016 (from revised 99.7 in August). Therefore, the Economic Barometer recovered from its fall below the 100 points level that was witnessed last month and climbs just above its long-term average. The outlook for the Swiss economy remains stable, consistent … Continue reading »
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KOF Economic Barometer August: A Dip below the 100 Points Level
The KOF Economic Barometer, with a current reading of 99.8, showed a drop of 3.7 points in August 2016 (from revised 103.5 in July). The Barometer fell just below its long-term average for the first time since December 2015. The outlook for the Swiss economy is less upbeat than one month ago, returning to its long-term average path.
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Credit Suisse dropped from index as european markets feel pressure after bank stress tests
The Swiss Market Index is set to close slightly higher this week, outperforming global equities thanks to defensive heavyweights such as Nestlé and Novartis.
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KOF Economic Barometer July: Prospects for the Swiss Economy Remain Favourable
The KOF Economic Barometer has only changed little and reached a value of 102.7 in July. In June, and therefore before the referendum in the United Kingdom about its membership in the EU, the KOF Economic Barometer stood at a value of 102.6 (revised from 102.4). Thus the Barometer has been standing above the historical average since February this year. Despite the outcome of the vote in the United Kingdom and various other geopolitical risks, the...
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FX Daily, July 29: Kuroda Hesitates, Yen Advances, Focus Turns to Europe and North America
Main events: Far Lower GDP Growth due to higher inflation and bigger trade deficit. Yen and Swissie advance and weaker dollar. Swiss economy remains on track based on the KOF economic barometer.
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SMI up on Brexit bargain hunting
Investec's weekly view on Stock Markets and the SMI. Global equity markets are set to post gains this week as investors digest the impact of the UK’s historic vote to leave the European Union. Swiss stocks outperformed global markets as defensive heavyweights Nestle outperformed.
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KOF Economic Forecasts for Switzerland
KOF Swiss Economic Institute calculates and presents updated macroeconomic forecasts for the Swiss economy in March, June, September, and December.
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(5.5) FX Theory: Currencies of Countries with High Economic Freedom, Immigration and Savings Must Appreciate
Economic freedom, immigration and high savings are main drivers for strong currencies. Switzerland, Singapore, Norway, Sweden and in the future even Germany are examples. Strangely most are in Europe.
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