Switzerland’s KOF Economic Barometer fell to 107.6 in October 2026, down from 109.1 in September and below market expectations of 108.3. The decline was reflected across most indicator groups. On the demand side, foreign demand and private consumption weakened slightly. In terms of production, other services and financial and insurance services weighed on the index, while manufacturing provided a positive contribution. Within the producing sector, developments were mixed, as indicators for intermediate-goods inventories and the competitive situation weakened, while those for exports, production activity and the assessment of production barriers improved. Within manufacturing, the metal industry and food and beverage producers showed particularly positive developments, while the outlook for paper and printing products deteriorated. Despite the decline, the barometer remained above its medium-term average, indicating a continued robust outlook for the Swiss economy. source: Swiss Economic Institute (KOF)

Business Confidence in Switzerland decreased to 107.60 points in October from 109.10 points in September of 2026. Business Confidence in Switzerland averaged 100.11 points from 1991 until 2026, reaching an all time high of 128.50 points in April of 2021 and a record low of 48.30 points in April 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 November of 2026.

Business Confidence in Switzerland decreased to 107.60 points in October from 109.10 points in September of 2026. Business Confidence in Switzerland is expected to be 105.00 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 102.00 points in 2027 and 104.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-29 07:00 AM
KOF Leading Indicators
Sep 109.1 107.5 106 107
2026-10-30 08:00 AM
KOF Leading Indicators
Oct 107.6 109.1 108.3 108
2026-11-30 08:00 AM
KOF Leading Indicators
Nov 107.6


Related Last Previous Unit Reference
Bankruptcies 12485.00 17036.00 Companies and Individuals Dec 2025
KOF Leading Indicators 107.60 109.10 points Oct 2026
Car Registrations 19026.00 21872.00 Units Oct 2026
Changes in Inventories 2614.00 5392.00 CHF Million Jun 2026
Corruption Index 80.00 81.00 Points Dec 2025
Corruption Rank 6.00 5.00 Dec 2025
Industrial Production YoY 5.50 -7.60 percent Jun 2026
Industrial Production Mom 9.70 -1.80 percent Jun 2026
Manufacturing Production 6.10 -7.70 percent Jun 2026
Mining Production -2.90 3.40 percent Jun 2026
Economic Sentiment Index -15.30 2.60 points Oct 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
107.60 109.10 128.50 48.30 1991 - 2026 points Monthly
NSA

News Stream
Swiss KOF Barometer Falls in October
Switzerland’s KOF Economic Barometer fell to 107.6 in October 2026, down from 109.1 in September and below market expectations of 108.3. The decline was reflected across most indicator groups. On the demand side, foreign demand and private consumption weakened slightly. In terms of production, other services and financial and insurance services weighed on the index, while manufacturing provided a positive contribution. Within the producing sector, developments were mixed, as indicators for intermediate-goods inventories and the competitive situation weakened, while those for exports, production activity and the assessment of production barriers improved. Within manufacturing, the metal industry and food and beverage producers showed particularly positive developments, while the outlook for paper and printing products deteriorated. Despite the decline, the barometer remained above its medium-term average, indicating a continued robust outlook for the Swiss economy.
2026-10-30
Swiss KOF Barometer Hits Five-Year High
Switzerland’s KOF Economic Barometer rose to 109.1 in September 2026, up from a revised 107.5 in August and well above the market expectation of 106. It was the sixth consecutive monthly rise, bringing the barometer to its highest level since September 2021 and pointing to a continued improvement in the outlook for the Swiss economy. Among the indicator groups underpinning the barometer, manufacturing, services, and construction showed particularly positive developments. By contrast, the outlook for foreign demand and financial and insurance services weakened slightly. Within the producing sector, most sub-indicators related to business activity improved. In particular, indicators for exports, intermediate-goods inventories, and the general business situation pointed to a brighter outlook. However, employment prospects remained under pressure. Within manufacturing, the chemical and pharmaceutical, paper and printing, and textile industries performed particularly well.
2026-09-29
Swiss KOF Barometer Jumps to 2021 High
The KOF Economic Barometer in Switzerland rose to 106.7 in August 2026, up from a revised 104.2 in July and comfortably above market expectations of 103.3. It marked the strongest reading since November 2021, driven mainly by positive developments in manufacturing, other services and foreign demand. Private consumption, however, remained under pressure. Within the producing sector, comprising manufacturing and construction, most indicator bundles pointed to improving conditions. In particular, indicators for intermediate-goods inventories, employment prospects, production activity and order backlogs all signaled a stronger outlook. Most manufacturing sub-indicators also supported the positive assessment. The metal and textile industries recorded favorable developments, while the paper and printing industries experienced a setback.
2026-08-28