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:
Subdued European economy weighing on Swiss prospects
Assessments of the outlook for the Swiss economy have deteriorated slightly compared with the autumn forecast. KOF is slightly revising downwards its forecasts. It expects real gross domestic product (GDP) adjusted for sporting events to increase by 0.9 per cent in 2024. Sport-adjusted GDP will grow by 1.4 per cent in 2025 and by 1.7 per cent in 2026. The main reason for these downward revisions is the sluggish performance of the international environment – particularly in Germany and France.
KOF Monetary Policy Communicator for the Euro Area, December 2024
The KOF MPC figure for 12 December 2024 is 0.14. At today’s meeting, the ECB’s Governing Council decided to lower the three key ECB interest rates.
KOF Globalisation Index: globalisation is approaching its pre-pandemic level
Global interdependencies are gradually recovering, as the KOF Globalisation Index for 2022 shows. Globalisation is returning to its pre-COVID-19 pandemic level. Economic globalisation in particular has provided a boost here, while social and political globalisation continue to suffer from the after-effects of the pandemic. The most globalised country is the Netherlands, followed by Switzerland and Belgium.