The KOF Economic Barometer in Switzerland fell by 2.6 points to 96.3 in December 2018, missing market expectations of 98.7. This was the lowest reading since April 2015 mainly due to a deterioration in sentiment within the producing sector on the back of negative prospects for incoming orders and the purchase of intermediate goods. In addition, a weakly negative signal was sent by the financial sector and private consumption. Favorable export prospects, on the other hand, cushioned this downward tendency. Business Confidence in Switzerland averaged 100.62 Index Points from 1991 until 2018, reaching an all time high of 119.10 Index Points in November of 2009 and a record low of 70.70 Index Points in December of 2008.

Business Confidence in Switzerland is expected to be 100.50 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 105.00 in 12 months time. In the long-term, the Switzerland Business Confidence is projected to trend around 105.00 Index Points in 2020, according to our econometric models.

Switzerland Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-28 07:00 AM KOF Leading Indicators 102.2 98.9 101 101.9
2018-10-30 08:00 AM KOF Leading Indicators 100.1 102.3 100.6 103.7
2018-11-30 08:00 AM KOF Leading Indicators 99.1 100.2 99.5 100.9
2018-12-28 08:00 AM KOF Leading Indicators 96.3 98.9 98.7 100.5
2019-01-30 08:00 AM KOF Leading Indicators 96.3
2019-02-28 08:00 AM KOF Leading Indicators
2019-03-29 08:00 AM KOF Leading Indicators 98.5


Switzerland Business Last Previous Highest Lowest Unit
Business Confidence 96.30 98.90 119.10 70.70 Index Points [+]
Manufacturing PMI 57.80 57.70 66.90 32.90 [+]
Industrial Production 1.40 8.90 12.30 -10.60 percent [+]
Manufacturing Production 1.60 9.10 12.80 -11.70 percent [+]
Capacity Utilization 84.70 84.22 90.00 75.04 percent [+]
Factory Orders 11.40 11.20 17.10 -24.00 percent [+]
Changes in Inventories 2082.60 -104.80 4320.50 -4188.70 CHF Million [+]
Bankruptcies 13257.00 12927.00 13257.00 3040.00 Companies and Individuals [+]
Car Registrations 24.77 25.10 37.56 1.96 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 -22.20 -42.30 65.00 -91.10 [+]
Mining Production -4.70 -4.40 19.90 -24.70 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 86.00 91.00 84.00 Points [+]
Corruption Rank 3.00 5.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
96.30 98.90 119.10 70.70 1991 - 2018 Index Points Monthly
NSA




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.80 Dec/18
Canada 59.70 Dec/18
China 49.40 Dec/18
Euro Area 0.82 Dec/18
France 104.00 Dec/18
Germany 101.00 Dec/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 103.60 Dec/18
Japan 19.00 Dec/18
Mexico 49.20 Dec/18
Netherlands 7.50 Dec/18
Russia -8.00 Dec/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 71.00 Dec/18
Spain -2.70 Dec/18
Switzerland 96.30 Dec/18
Turkey 91.50 Dec/18
United Kingdom -16.00 Dec/18
United States 54.10 Dec/18


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