Forecasts & Indicators
The KOF regularly publishes various indicators and forecasts. These are partly based on the results of the KOF economic surveys among Swiss companies as well as external data.
News about Forecasts and Indicators:
KOF Employment Indicator remains stable
The current level of the KOF Employment Indicator is virtually unchanged compared with last quarter. There are hardly any changes in the individual sectors either. The indicator value suggests that employment in Switzerland will continue to perform well over the coming months.
KOF Monetary Policy Communicator for the Euro Area, October 2024
The KOF MPC figure for 17 October 2024 is 0.06. At today’s meeting, the ECB’s Governing Council decided to lower the three key ECB interest rates.
KOF Economic Forecast, autumn 2024: Lack of recovery in Europe clouds prospects for the Swiss economy
The economic recovery in Switzerland and internationally is sluggish. The KOF expects real sports-adjusted gross domestic product (GDP) to increase by 1.1% in 2024. Weak investment is holding back growth, while the pharmaceutical industry is providing a boost. Sports-adjusted GDP will in-crease by 1.6% in 2025 and 1.7% in 2026. The main reason for the gloomy outlook is the economic weakness in Europe – for instance in Germany, Switzerland's most important trading partner.