The KOF Economic Barometer in Switzerland fell to 92.4 in February of 2019 from an upwardly revised 96.2 in January, missing market expectations of 95.4. It is a new-low reading since April of 2015, mainly due to negative impulses from the manufacturing industry although the deteriorating sentiment has meanwhile also extended to the other components. The negative tendency within the manufacturing industry is mostly driven by the mechanical engineering and the electrical industry; but the signals are now below average in all industry branches. The Swiss economy can expect to experience a weak phase in the coming months. Business Confidence in Switzerland averaged 100.57 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 96.50 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 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
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 95.0 96.4 97 96.9
2019-02-28 08:00 AM KOF Leading Indicators 92.4 96.2 95.4 96.1
2019-03-29 08:00 AM KOF Leading Indicators 92.4 93.9 96.5
2019-04-30 07:00 AM KOF Leading Indicators
2019-05-29 07:00 AM KOF Leading Indicators


Switzerland Business Last Previous Highest Lowest Unit
Business Confidence 92.40 96.20 119.30 71.80 Index Points [+]
Manufacturing PMI 55.40 54.30 66.90 32.80 [+]
Industrial Production 5.10 0.80 12.30 -10.60 percent [+]
Manufacturing Production 5.70 0.90 12.80 -11.60 percent [+]
Capacity Utilization 84.29 84.70 90.00 75.04 percent [+]
Factory Orders 11.40 11.20 17.10 -24.00 percent [+]
Changes in Inventories -2642.00 -305.90 4314.50 -4257.30 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 -16.60 -44.00 65.00 -91.10 [+]
Mining Production -6.00 -4.50 19.80 -24.60 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
92.40 96.20 119.30 71.80 1991 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 2.00 Feb/19
Brazil 61.90 Mar/19
Canada 50.60 Feb/19
China 49.20 Feb/19
Euro Area 0.69 Feb/19
France 103.00 Feb/19
Germany 99.60 Mar/19
India 116.20 Mar/19
Indonesia 104.71 Dec/18
Italy 101.70 Feb/19
Japan 19.00 Dec/18
Mexico 51.30 Feb/19
Netherlands 6.30 Feb/19
Russia -2.00 Feb/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 28.00 Mar/19
South Korea 69.00 Feb/19
Spain -4.90 Feb/19
Switzerland 92.40 Feb/19
Turkey 102.10 Mar/19
United Kingdom -23.00 Mar/19
United States 54.20 Feb/19


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