The KOF Economic Barometer in Switzerland declined to 113.5 in August of 2021 from an upwardly revised 130.9 in July and below market expectations of 125. It is the third consecutive fall from a record value in May but is still significantly higher than the long-term average suggesting the economic recovery from the consequences of the coronavirus pandemic was set to continue in the months ahead. All indicator groups except those from the construction industry contributed to this decline in August. source: Swiss Economic Institute (KOF)
Business Confidence in Switzerland averaged 99.37 points from 1991 until 2021, reaching an all time high of 143.60 points in May of 2021 and a record low of 51.50 points in May of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Business Confidence in Switzerland is expected to be 118.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Business Confidence is projected to trend around 107.00 points in 2022 and 105.00 points in 2023, according to our econometric models.