The KOF Economic Barometer for Switzerland rose 3.3 points to 97.1 in July 2019 from an upwardly revised 93.8 in June, beating market forecasts of 93. More favourable signals than before came from manufacturing, other services, accommodation and food service activities, financial and insurance services, and construction. In the goods producing sectors, all the indicators on the competitive situation and the number of employees strengthened. Within manufacturing, the outlook is more positive, namely for the electrical industry and food and beverages. On the other hand, the indicators for demand from abroad have a dampening effect. Business Confidence in Switzerland averaged 100.50 Index Points from 1991 until 2019, reaching an all time high of 119.30 Index Points in November of 2009 and a record low of 71.80 Index Points in December of 2008.

Business Confidence in Switzerland is expected to be 95.00 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 98.00 in 12 months time. In the long-term, the Switzerland Business Confidence is projected to trend around 101.00 Index Points in 2020, according to our econometric models.

Switzerland Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-30 07:00 AM KOF Leading Indicators Apr 96.2 97.1 96.9 98.5
2019-05-29 07:00 AM KOF Leading Indicators May 94.4 96.2 95.9 96
2019-06-28 07:00 AM KOF Leading Indicators Jun 93.6 93.8 94.9 94.9
2019-07-30 07:00 AM KOF Leading Indicators Jul 97.1 93.8 93 94.1
2019-08-30 07:00 AM KOF Leading Indicators Aug 97.1 93.0 95.9
2019-09-30 07:00 AM KOF Leading Indicators Sep 95
2019-10-30 08:00 AM KOF Leading Indicators Oct


Switzerland Business Last Previous Highest Lowest Unit
Business Confidence 97.10 93.80 119.30 71.80 Index Points [+]
Manufacturing PMI 44.70 47.70 66.90 32.80 [+]
Industrial Production 4.80 4.50 12.30 -10.60 percent [+]
Manufacturing Production 5.60 5.30 12.80 -11.60 percent [+]
Capacity Utilization 79.89 81.82 90.00 75.04 percent [+]
Changes in Inventories -2992.10 -2642.00 4314.50 -4257.30 CHF Million [+]
Bankruptcies 13971.00 13257.00 13971.00 3040.00 Companies and Individuals [+]
Car Registrations 25.04 28.23 46.78 1.41 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 -24.00 -30.00 65.00 -91.10 [+]
Industrial Production Mom 1.10 1.10 5.70 -4.90 percent [+]
Mining Production -1.00 1.00 19.40 -24.50 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
97.10 93.80 119.30 71.80 1991 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 4.00 Jul/19
Brazil 59.40 Aug/19
Canada 54.20 Jul/19
China 49.70 Jul/19
Euro Area -0.12 Jul/19
France 101.00 Jul/19
Germany 95.70 Jul/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 100.10 Jul/19
Japan 7.00 Jun/19
Mexico 49.50 Jul/19
Netherlands 3.90 Jul/19
Russia -1.00 Jul/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 28.00 Jun/19
South Korea 73.00 Jul/19
Spain -2.80 Jul/19
Switzerland 97.10 Jul/19
Turkey 98.30 Jul/19
United Kingdom -32.00 Sep/19
United States 51.20 Jul/19


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