Financial News: Swiss KOF Leading Indicator Rises To 98.5

Swiss KOF Leading Indicator Rises To 98.5

05/30/2025 - 06:43:00 (RTTNews)

(RTTNews) - A measure signaling future turning points in the Swiss economy improved slightly in May, but it still indicates that the outlook for the economy remains subdued, the results of a survey by the KOF Swiss Economic Institute showed Friday.

The economic barometer rose to 98.5 in May from 97.1 in the previous month.

Among components, the indicator bundle for manufacturing included in the Barometer showed particularly positive developments, while the demand-side indicator bundles for foreign demand and private consumption were under pressure, the KOF said.

Within the producing industry, the index for the general business situation showed particularly favorable developments in May, while that for purchases and inventories of intermediate goods indicated a weakened outlook.

Considering the manufacturing side alone, the indicators for the chemical and pharmaceutical industry, for the wood, glass, stone, and earth segment, for food and beverage producers, as well as for producers of paper and printing products, all exhibit positive developments.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

New Zealand GDP Expands 0.8% In Q1 (03 hr(s), 45 min(s), 30 sec(s) ago)
(RTTNews) - New Zealand's gross domestic product expanded by a seasonally adjusted 0.8 percent ...Full Story»

Australia Unemployment Data Due On Thursday (04 hr(s), 59 min(s), 30 sec(s) ago)
(RTTNews) - Australia will on Thursday release May numbers for unemployment, highlighting a light ...Full Story»

Riksbank Signal Another Rate Cut (06 hr(s), 29 min(s), 30 sec(s) ago)
(RTTNews) - Sweden's central bank lowered its policy rate on Wednesday, as expected, and signa ...Full Story»

Fed Leaves Interest Rates Unchanged, Still Signals Two 2025 Rate Cuts (08 hr(s), 25 min(s), 30 sec(s) ago)
(RTTNews) - Despite pressure from U.S. President Donald Trump, the Federal Reserve on Wednesday an ...Full Story»

Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions (11 hr(s), 47 min(s), 30 sec(s) ago)
(RTTNews) - The Treasury Department on Wednesday announced the details of this month's auction ...Full Story»

U.S. Crude Oil Inventories Plunge Much More Than Expected (12 hr(s), 19 min(s), 30 sec(s) ago)
(RTTNews) - A report released by the Energy Information Administration on Wednesday showed a steep ...Full Story»

U.S. Housing Starts Pull Back Sharply In May (12 hr(s), 45 min(s), 30 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Wednesday showing a steep drop by new res ...Full Story»

U.S. Jobless Claims Pull Back Off Eight-Month High (12 hr(s), 48 min(s), 30 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits edged modestly lower in the week ende ...Full Story»