The KOF Economic Barometer in Switzerland rose to 102.7 in February of 2021 from 96.5 in the previous month and beating market expectations of 96.6. The increase was driven by bundles of indicators from services and the manufacturing sector. Meantime, the prospects for the other economic activities recorded in the barometer have hardly changed compared to January. The KOF indicator came in slightly above its long-term average of 100, which means that the outlook for the Swiss economy has improved. source: Swiss Economic Institute (KOF)
Business Confidence in Switzerland averaged 98.84 points from 1991 until 2021, reaching an all time high of 131.50 points in March of 2010 and a record low of 52.30 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 March of 2021.
Business Confidence in Switzerland is expected to be 95.00 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 94.00 in 12 months time. In the long-term, the Switzerland Business Confidence is projected to trend around 99.00 points in 2022, according to our econometric models.