FOREX TradingCharts.com

Financial News: Swiss KOF Economic Barometer Falls For First Time

Swiss KOF Economic Barometer Falls For First Time In 3 Months

08/30/2017 - 07:05:00 (RTTNews)

(RTTNews) - A measure of the health of the Swiss economy dropped for the first time in three months to its lowest level in as many months during August, survey data from the KOF Swiss Economic Institute showed Wednesday.

The KOF Economic Barometer fell to 104.1 from a revised 108.0 in July. In contrast, economists had expected an improvement to 107 from July's original score of 106.8. In June, the score was 105.8.

The barometer still points to a level clearly above its long-term average, suggesting that in the near future the Swiss economy should continue to grow at above average rates, the Zurich-based KOF said.

The strongest negative contributions in August came from the hospitality industry, followed by the manufacturing sector, the indicators relating to exports and those to construction, the KOF said.

Meanwhile, the indicators from the financial sector were practically unchanged. Domestic private consumption provided a slightly positive signal.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Austria Production Index Climbs In July (05 min(s), 39 sec(s) ago)
(RTTNews) - Austria's production index climbed notably in July from a year ago, data from Stat ...Full Story»

Czech Economic Sentiment At 8-Month High (39 min(s), 39 sec(s) ago)
(RTTNews) - Czech economic sentiment strengthened for the third straight month in September to the ...Full Story»

Spain's Producer Price Inflation Accelerates In August (47 min(s), 39 sec(s) ago)
(RTTNews) - Spain's producer price inflation increased in August, figures from the statistical ...Full Story»

Japan Govt Maintains Economic View (01 hr(s), 12 min(s), 39 sec(s) ago)
(RTTNews) - Japan's government maintained its economic assessment for September, saying the ec ...Full Story»

Singapore Inflation Slows In August (01 hr(s), 38 min(s), 39 sec(s) ago)
(RTTNews) - Singapore inflation eased in August on weak private road transport costs, data from th ...Full Story»

Finland PPI Inflation Rises Slightly In August (01 hr(s), 42 min(s), 39 sec(s) ago)
(RTTNews) - Finland's producer price inflation accelerated for the second straight month in Au ...Full Story»

Japan Leading Index Falls Less Than Estimated In July (02 hr(s), 51 min(s), 39 sec(s) ago)
(RTTNews) - Japan's leading index decreased less than initially estimated in July, latest data ...Full Story»

European Economics Preview: Germany's Ifo Business Confidence Data Due (03 hr(s), 30 min(s), 39 sec(s) ago)
(RTTNews) - Business sentiment from Germany is due on Monday, headlining a light day for the Europ ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Austria Production Index Climbs In July

09/25/2017 - 03:58 AM (RTTNews)
(RTTNews) - Austria's production index climbed notably in July from a year ago, data from Stat ...Full Story>>

Czech Economic Sentiment At 8-Month High

09/25/2017 - 03:24 AM (RTTNews)
(RTTNews) - Czech economic sentiment strengthened for the third straight month in September to the ...Full Story>>

Spain's Producer Price Inflation Accelerates In August

09/25/2017 - 03:16 AM (RTTNews)
(RTTNews) - Spain's producer price inflation increased in August, figures from the statistical ...Full Story>>

Japan Govt Maintains Economic View

09/25/2017 - 02:51 AM (RTTNews)
(RTTNews) - Japan's government maintained its economic assessment for September, saying the ec ...Full Story>>

Singapore Inflation Slows In August

09/25/2017 - 02:25 AM (RTTNews)
(RTTNews) - Singapore inflation eased in August on weak private road transport costs, data from th ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.