The KOF Economic Barometer for Switzerland edged down 0.2 points to 93.6 in June 2019 from a downwardly revised 93.8 in the previous month, missing market expectations of 94.9. While indicators of foreign demand showed a positive trend, the indicators in manufacturing and private consumption pointed in the opposite direction. The negative development in the manufacturing sector was mainly attributable to indicators on the situation of primary products and order backlogs, while the assessment of the competitive situation, the employment situation and the export prospects remained unchanged. There was also a slight weakening in the banking and insurance industry. Business Confidence in Switzerland averaged 100.51 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 94.90 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 96.00 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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Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 08:00 AM KOF Leading Indicators Mar 97.4 93.0 93.9 96.5
2019-04-30 07:00 AM KOF Leading Indicators Apr 96.2 97.1 96.9 98.5
2019-05-29 07:00 AM KOF Leading Indicators May 94.4 96.2 95.9 96
2019-06-28 07:00 AM KOF Leading Indicators Jun 93.6 93.8 94.9 94.9
2019-07-30 07:00 AM KOF Leading Indicators Jul 93.6 94.9 94.1
2019-08-30 07:00 AM KOF Leading Indicators Aug
2019-09-30 07:00 AM KOF Leading Indicators Sep 95


Switzerland Business Last Previous Highest Lowest Unit
Business Confidence 93.60 93.80 119.30 71.80 Index Points [+]
Manufacturing PMI 47.70 48.60 66.90 32.80 [+]
Industrial Production 4.30 4.30 12.30 -10.60 percent [+]
Manufacturing Production 5.10 4.80 12.80 -11.60 percent [+]
Capacity Utilization 81.82 84.29 90.00 75.04 percent [+]
Changes in Inventories -2992.10 -2642.00 4314.50 -4257.30 CHF Million [+]
Bankruptcies 13257.00 12927.00 13257.00 3040.00 Companies and Individuals [+]
Car Registrations 28.23 27.84 46.78 1.41 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 -30.00 -14.30 65.00 -91.10 [+]
Industrial Production Mom 1.20 4.40 5.30 -4.90 percent [+]
Mining Production 1.40 -5.40 16.10 -22.50 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
93.60 93.80 119.30 71.80 1991 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 2.00 Jun/19
Brazil 57.40 Jul/19
Canada 52.40 Jun/19
China 49.40 Jun/19
Euro Area 0.17 Jun/19
France 102.00 Jun/19
Germany 97.40 Jun/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 100.80 Jun/19
Japan 7.00 Jun/19
Mexico 51.20 Jun/19
Netherlands 3.30 Jun/19
Russia -1.00 Jun/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Jun/19
South Korea 75.00 Jun/19
Spain -3.70 Jun/19
Switzerland 93.60 Jun/19
Turkey 102.50 Jun/19
United Kingdom -13.00 Jun/19
United States 51.70 Jun/19


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