The KOF Economic Barometer in Switzerland held steady at 97.0 in August 2019, easily beating market expectations of 94.5. Somewhat more favourable signals than before are coming from indicators of foreign demand and domestically from consumer prospects and manufacturing; while accommodation and food service activities, financial, insurance and other services as well as construction tend to point to stagnation or slight deterioration in economic sentiment. In the goods producing sectors (manufacturing and construction), the barometer is strengthened mostly by indicators on order backlog and inventories. The remaining indicators are emitting only negligible signals. Within manufacturing, the outlook has become more favourable especially for machinery, the metal industry, the chemical industry as well as for food and beverages. On the other hand, the outlook has mainly worsened for the paper and the electrical industries. Business Confidence in Switzerland averaged 100.49 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
2019-05-29 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 97.0 97.0 94.5 95.9
2019-09-30 07:00 AM KOF Leading Indicators Sep 97.0 95
2019-10-30 08:00 AM KOF Leading Indicators Oct
2019-11-29 08:00 AM KOF Leading Indicators Nov


Switzerland Business Last Previous Highest Lowest Unit
Business Confidence 97.00 97.00 119.30 71.80 Index Points [+]
Manufacturing PMI 47.20 44.70 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 -2965.50 -3472.90 4291.80 -4354.40 CHF Million [+]
Bankruptcies 13971.00 13257.00 13971.00 3040.00 Companies and Individuals [+]
Car Registrations 19.40 25.04 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 -37.50 -24.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
97.00 97.00 119.30 71.80 1991 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 1.00 Aug/19
Brazil 59.40 Sep/19
Canada 60.60 Aug/19
China 49.50 Aug/19
Euro Area 0.11 Aug/19
France 102.00 Aug/19
Germany 94.30 Aug/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 99.70 Aug/19
Japan 7.00 Jun/19
Mexico 49.70 Aug/19
Netherlands 3.90 Aug/19
Russia -2.00 Aug/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 21.00 Sep/19
South Korea 68.00 Aug/19
Spain 1.40 Aug/19
Switzerland 97.00 Aug/19
Turkey 102.50 Aug/19
United Kingdom -32.00 Sep/19
United States 49.10 Aug/19


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