Switzerland's leading KOF economic barometer fell to 107.0 in December 2021 from a downwardly revised 107.5 in the previous month, but remaining above market expectations of 106.4. The latest reading was the lowest since February, but it still suggested the Swiss economy should continue to develop positively at the beginning of 2022. Indicators covering private consumption and the finance and insurance sector contributed negatively to the barometer. In contrast, indicators for foreign demand contributed positively. source: Swiss Economic Institute (KOF)
Business Confidence in Switzerland averaged 99.67 points from 1991 until 2021, reaching an all time high of 143.60 points in May of 2021 and a record low of 49.50 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 January of 2022.
Business Confidence in Switzerland is expected to be 106.70 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.