FOREX TradingCharts.com

Financial News: Switzerland KOF Leading Indicator Falls For Second Month

Switzerland KOF Leading Indicator Falls For Second Month

11/30/2020 - 05:22:00 (RTTNews)

(RTTNews) - A leading indicator for the Swiss economy fell for a second straight month in November, suggesting the economic outlook is set to remain lackluster in the coming months, survey data from the think tank KOF showed Monday.

The leading index dropped to 103.5 from 106.3 in October, which was revised from 106.6. Economists had expected a score of 101.

"The barometer is thus moving towards its long-?term average, which means that the outlook for the Swiss economy remains subdued also in view of the current pandemic situation," the KOF said.

The latest decline in the index was primarily due to a bundle of indicators from the manufacturing sector and private consumption, the think tank added.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Singapore House Prices Rise At Faster Pace In Q4 (12 min(s), 15 sec(s) ago)
(RTTNews) - Singapore house prices increased at a faster pace in the fourth quarter, the Urban Red ...Full Story»

European Economics Preview: UK Retail Sales, PSNB, PMI Data Due (27 min(s), 15 sec(s) ago)
(RTTNews) - Retail sales, public sector finances and flash Purchasing Managers' survey results ...Full Story»

Australia Retail Sales Sink 4.2% In December (05 min(s), 45 sec(s) ago)
(RTTNews) - The total value of retail sales in Australia were down a seasonally adjusted 4.2 perce ...Full Story»

Japan Manufacturing PMI Slips To 49.7 In December - Jibun (45 sec(s) ago)
(RTTNews) - The manufacturing sector slipped into contraction in December, the latest survey from ...Full Story»

Japan Overall Inflation Sinks 1.2% On Year In December (45 sec(s) ago)
(RTTNews) - Overall consumer prices in Japan were down 1.2 percent on year in December, the Minist ...Full Story»

New Zealand Inflation Climbs 1.4% On Year In Q4 (30 min(s), 45 sec(s) ago)
(RTTNews) - Consumer prices in New Zealand jumped 1.4 percent on year in the fourth quarter of 202 ...Full Story»

New Zealand Consumer Prices Rise 1.4% On Year In Q4 (45 sec(s) ago)
(RTTNews) - Consumer prices in New Zealand were up 1.4 percent on year in the fourth quarter of 20 ...Full Story»

Australia Manufacturing PMI Jumps In January - Markit (40 min(s), 45 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to expand in January, and at a faster ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Singapore House Prices Rise At Faster Pace In Q4

01/22/2021 - 00:31 AM (RTTNews)
(RTTNews) - Singapore house prices increased at a faster pace in the fourth quarter, the Urban Red ...Full Story>>

European Economics Preview: UK Retail Sales, PSNB, PMI Data Due

01/22/2021 - 00:16 AM (RTTNews)
(RTTNews) - Retail sales, public sector finances and flash Purchasing Managers' survey results ...Full Story>>

Australia Retail Sales Sink 4.2% In December

01/21/2021 - 19:49 PM (RTTNews)
(RTTNews) - The total value of retail sales in Australia were down a seasonally adjusted 4.2 perce ...Full Story>>

Japan Manufacturing PMI Slips To 49.7 In December - Jibun

01/21/2021 - 19:44 PM (RTTNews)
(RTTNews) - The manufacturing sector slipped into contraction in December, the latest survey from ...Full Story>>

Japan Overall Inflation Sinks 1.2% On Year In December

01/21/2021 - 18:44 PM (RTTNews)
(RTTNews) - Overall consumer prices in Japan were down 1.2 percent on year in December, the Minist ...Full Story>>

Do not sell my personal information

Copyright © 2021. 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.