Switzerland: KOF Economic Barometer hits highest reading since April in November
The KOF Economic Barometer rose to 96.7 in November from October’s 95.1. November’s result marked the strongest sentiment since April. However, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the Swiss economy.
November’s higher reading was due to more positive indicators regarding the manufacturing sector and some services activity.