The KOF Economic Barometer for Switzerland declined by 1.8 points from the previous month to 94.45 in May 2019, missing market expectations of 95.9, as the majority of sets of indicators tended downwards, namely in banking and insurance, consumption and foreign demand. Also, the prospects for accommodation and food service activities and the other service providers have become gloomier. Meantime, indicators in the manufacturing sector pointed in different directions depending on the industry. Outlook in the manufacturing sector hardly changed compared to the previous month while for the construction sector improved. Business Confidence in Switzerland averaged 100.53 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 94.90 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 96.00 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
2019-02-28 08:00 AM KOF Leading Indicators 92.4 96.2 95.4 96.1
2019-03-29 08:00 AM KOF Leading Indicators 97.4 93.0 93.9 96.5
2019-04-30 07:00 AM KOF Leading Indicators 96.2 97.1 96.9 98.5
2019-05-29 07:00 AM KOF Leading Indicators 94.4 96.2 95.9 96
2019-06-28 07:00 AM KOF Leading Indicators 94.4 94.9 94.9
2019-07-30 07:00 AM KOF Leading Indicators
2019-08-30 07:00 AM KOF Leading Indicators


Switzerland Business Last Previous Highest Lowest Unit
Business Confidence 94.40 96.20 119.30 71.80 Index Points [+]
Manufacturing PMI 48.60 48.50 66.90 32.80 [+]
Industrial Production 4.30 4.30 12.30 -10.60 percent [+]
Manufacturing Production 5.10 4.80 12.80 -11.60 percent [+]
Capacity Utilization 81.82 84.29 90.00 75.04 percent [+]
Changes in Inventories -2992.10 -2642.00 4314.50 -4257.30 CHF Million [+]
Bankruptcies 13257.00 12927.00 13257.00 3040.00 Companies and Individuals [+]
Car Registrations 27.84 28.15 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 -14.30 -7.70 65.00 -91.10 [+]
Industrial Production Mom 1.20 4.40 5.30 -4.90 percent [+]
Mining Production 1.40 -5.40 16.10 -22.50 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
94.40 96.20 119.30 71.80 1991 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 7.00 May/19
Brazil 56.90 Jun/19
Canada 55.90 May/19
China 49.40 May/19
Euro Area 0.30 May/19
France 104.00 May/19
Germany 97.40 Jun/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 102.00 May/19
Japan 12.00 Mar/19
Mexico 52.40 May/19
Netherlands 4.70 May/19
Russia -1.00 May/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Jun/19
South Korea 76.00 May/19
Spain -3.30 May/19
Switzerland 94.40 May/19
Turkey 102.50 Jun/19
United Kingdom -13.00 Jun/19
United States 52.10 May/19


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