The KOF Economic Barometer in Switzerland fell by 1.4 points to 95 in January of 2019, missing market expectations of 97. It is the lowest reading since April of 2015, mainly due to negative developments within the manufacturing and the service industry. In addition, export prospects cloud over. On the other hand, indicators for the hotel and catering sector, the banking and insurance sector as well as the construction sector send positive signals. The KOF Economic Barometer declined for the fourth month in a row in January, remaining 5 points below its long-term average of 100.6. The economic outlook for Switzerland continues to dampen at the beginning of 2019. Business Confidence in Switzerland averaged 100.60 Index Points from 1991 until 2019, reaching an all time high of 119.10 Index Points in November of 2009 and a record low of 70.70 Index Points in December of 2008.

Business Confidence in Switzerland is expected to be 98.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Switzerland to stand at 105.00 in 12 months time. In the long-term, the Switzerland Business Confidence is projected to trend around 105.00 Index Points in 2020, according to our econometric models.

Switzerland Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-30 08:00 AM KOF Leading Indicators 100.1 102.3 100.6 103.7
2018-11-30 08:00 AM KOF Leading Indicators 99.1 100.2 99.5 100.9
2018-12-28 08:00 AM KOF Leading Indicators 96.3 98.9 98.7 100.5
2019-01-30 08:00 AM KOF Leading Indicators 95.0 96.4 97 96.9
2019-02-28 08:00 AM KOF Leading Indicators 95
2019-03-29 08:00 AM KOF Leading Indicators 98.5
2019-04-30 07:00 AM KOF Leading Indicators


Switzerland Business Last Previous Highest Lowest Unit
Business Confidence 95.00 96.40 119.10 70.70 Index Points [+]
Manufacturing PMI 54.30 57.50 66.90 32.80 [+]
Industrial Production 1.40 8.90 12.30 -10.60 percent [+]
Manufacturing Production 1.60 9.10 12.80 -11.70 percent [+]
Capacity Utilization 84.29 84.70 90.00 75.04 percent [+]
Factory Orders 11.40 11.20 17.10 -24.00 percent [+]
Changes in Inventories 2082.60 -104.80 4320.50 -4188.70 CHF Million [+]
Bankruptcies 13257.00 12927.00 13257.00 3040.00 Companies and Individuals [+]
Car Registrations 24.77 25.10 37.56 1.96 Thousand [+]
Internet Speed 21683.45 21238.67 21683.45 4380.25 KBps [+]
IP Addresses 3855605.00 3760263.00 3855605.00 1700696.00 IP [+]
Zew Economic Sentiment Index -44.00 -22.20 65.00 -91.10 [+]
Mining Production -4.70 -4.40 19.90 -24.70 percent [+]
Competitiveness Index 82.59 82.37 82.59 5.54 Points [+]
Competitiveness Rank 4.00 4.00 4.00 1.00 [+]
Ease of Doing Business 38.00 33.00 38.00 19.00 [+]
Corruption Index 85.00 85.00 91.00 84.00 Points [+]
Corruption Rank 3.00 3.00 12.00 3.00 [+]


Switzerland Business Confidence

In Switzerland, the KOF Swiss Economic Institute economic barometer measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. The KOF economic barometer is based on a multi-sectoral design with three modules. The 2014 version comprises 219 indicator variables, which are combined based on statistically determined weights. The most important module is GDP, which excludes construction and banking sectors and accounts for more than 90% of Swiss GDP. This page provides the latest reported value for - Switzerland Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Business Confidence - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
95.00 96.40 119.10 70.70 1991 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 4.00 Jan/19
Brazil 64.70 Jan/19
Canada 54.70 Jan/19
China 49.50 Jan/19
Euro Area 0.69 Jan/19
France 103.00 Jan/19
Germany 99.10 Jan/19
India 116.20 Mar/19
Indonesia 104.71 Dec/18
Italy 102.10 Jan/19
Japan 19.00 Dec/18
Mexico 50.80 Jan/19
Netherlands 5.80 Jan/19
Russia -2.00 Jan/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 31.00 Dec/18
South Korea 67.00 Jan/19
Spain -4.10 Jan/19
Switzerland 95.00 Jan/19
Turkey 93.00 Jan/19
United Kingdom -23.00 Mar/19
United States 56.60 Jan/19


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