FOREX TradingCharts.com

Financial News: Swiss KOF Economic Barometer Declines In December

Swiss KOF Economic Barometer Declines In December

12/30/2024 - 07:06:00 (RTTNews)

(RTTNews) - A measure of the turning points in Switzerland's economy declined in December after rising a month ago suggesting that the outlook has dampened, survey data from the KOF Swiss Economic Institute showed Monday.

The KOF Economic Barometer declined more-than-expected to 99.5 in December from revised 102.9 in the previous month. The reading was seen at 101.1. After rising in November, the index fell slightly below its medium-term average.

"The outlook for the Swiss economy has dampened," the KOF said.

All sub-indicators of the barometer contributed to the negative development. The indices for manufacturing and other services, as well as indicators for the hospitality industry, for foreign demand and private consumption declined considerably in December.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


South Korea Rate Decision On Tap For Tuesday (57 min(s), 16 sec(s) ago)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Tuesday and then announc ...Full Story»

Slovenia Business Confidence Improves Slightly (32 min(s), 16 sec(s) ago)
(RTTNews) - Pessimism among Slovenian businesses eased modestly in February as the confidence indi ...Full Story»

Cyprus HICP Inflation Slows In January (47 min(s), 16 sec(s) ago)
(RTTNews) - Cyprus' inflation based on the EU measure slowed in January after accelerating in ...Full Story»

Two-Year Note Auction Attracts Below Average Demand (35 min(s), 16 sec(s) ago)
(RTTNews) - The Treasury Department announced the results of this month's auction of $69 billi ...Full Story»

Belgium Business Confidence Improves Slightly (59 min(s), 16 sec(s) ago)
(RTTNews) - Belgium's business confidence rose somewhat in February amid better business condi ...Full Story»

Malta HICP Inflation Remains Stable At 1.8% (23 min(s), 16 sec(s) ago)
(RTTNews) - Malta's EU measure of inflation held steady at the start of the year after easing ...Full Story»

Latvian Jobless Rate Rises In Q4 (52 min(s), 16 sec(s) ago)
(RTTNews) - Latvia's unemployment rate increased slightly in the final quarter of 2024 after f ...Full Story»

Poland Retail Sales Expand Most In 8 Months (40 min(s), 16 sec(s) ago)
(RTTNews) - Poland's retail sales growth accelerated to the highest level in eight months in J ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

South Korea Rate Decision On Tap For Tuesday

02/24/2025 - 17:31 PM (RTTNews)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Tuesday and then announc ...Full Story>>

Slovenia Business Confidence Improves Slightly

02/24/2025 - 15:06 PM (RTTNews)
(RTTNews) - Pessimism among Slovenian businesses eased modestly in February as the confidence indi ...Full Story>>

Cyprus HICP Inflation Slows In January

02/24/2025 - 14:21 PM (RTTNews)
(RTTNews) - Cyprus' inflation based on the EU measure slowed in January after accelerating in ...Full Story>>

Two-Year Note Auction Attracts Below Average Demand

02/24/2025 - 13:09 PM (RTTNews)
(RTTNews) - The Treasury Department announced the results of this month's auction of $69 billi ...Full Story>>

Belgium Business Confidence Improves Slightly

02/24/2025 - 09:33 AM (RTTNews)
(RTTNews) - Belgium's business confidence rose somewhat in February amid better business condi ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.