Financial News: Swiss KOF Leading Indicator Strongest Since November 2021

Swiss KOF Leading Indicator Strongest Since November 2021

08/28/2026 - 08:12:00 (RTTNews)

(RTTNews) - A measure signaling future turning points in the Swiss economy strengthened unexpectedly in August to the highest level in nearly five years, results of a survey by the KOF Swiss Economic Institute showed Friday.

The barometer rose to 106.7 in August from a revised 104.2 in July. The reading marks the highest level since November 2021, when it reached 107.7, and sits noticeably above the medium-term average of 100. Analysts had expected the barometer to decline to 103.3.

Manufacturing and other services drove the positive developments in August, alongside strengthening foreign demand. The private consumption indicator, however, remained slightly under pressure.

Within the producing industry, consisting of both manufacturing and construction, the sub-indicators for stockpiling of intermediate products, for employment prospects, for production activity, and for order backlogs indicated a strengthened outlook.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Eurozone Economic Confidence Improves To 7-Month High (30 min(s), 28 sec(s) ago)
(RTTNews) - Eurozone economic confidence improved to a seven-month high in August driven by higher ...Full Story»

Swiss KOF Leading Indicator Strongest Since November 2021 (56 min(s), 28 sec(s) ago)
(RTTNews) - A measure signaling future turning points in the Swiss economy strengthened unexpected ...Full Story»

Turkey Trade Gap Widens In July (01 hr(s), 23 min(s), 28 sec(s) ago)
(RTTNews) - Turkey's foreign trade deficit increased in July from a year ago as imports grew f ...Full Story»

Italy Consumer Confidence Rises To 6-month High; Business Morale Improves Further (01 hr(s), 36 min(s), 28 sec(s) ago)
(RTTNews) - Corrects first para Confidence among Italian households remained less pessimistic ...Full Story»

Italy Consumer Confidence Rises To 6-month High; Business Morale Improves Further (01 hr(s), 54 min(s), 28 sec(s) ago)
(RTTNews) - Confidence among Italian households remained less pessimistic in July, and the confide ...Full Story»

France Narrowly Avoids Recession In Q2 (02 hr(s), 17 min(s), 28 sec(s) ago)
(RTTNews) - The French economy narrowly avoided recession in the second quarter as hot summer weig ...Full Story»

Norway Retail Sales Fall 0.7% In July (02 hr(s), 22 min(s), 28 sec(s) ago)
(RTTNews) - Norway's retail sales declined in July after rebounding in the previous month, pre ...Full Story»

German Import Price Inflation Accelerates (04 hr(s), 06 min(s), 28 sec(s) ago)
(RTTNews) - Germany's import price inflation accelerated in July as prices of intermediate goo ...Full Story»