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 Economic Forecast: Robust Economy Despite Headwinds
The Swiss economy performed significantly better than expected in the first half of 2026. Together with upward revisions to the national accounts, this has led the KOF Swiss Economic Institute to raise its growth forecast substantially: real GDP excluding major international sporting events is now expected to grow by 1.9% in 2026 (summer forecast: 0.8%) and by 1.7% in both 2027 and 2028. Uncertainty remains high.
KOF Monetary Policy Communicator for the Euro Area, September 2026
The KOF MPC figure for 10 September 2026 is 0.22. At today’s meeting, the ECB’s Governing Council decided to raise the three key ECB interest rates by 25 basis points.
KOF Employment Indicator: jobs outlook picking up again
The KOF Employment Indicator rose to 2.1 points in the third quarter of 2026, returning to the level last seen at the start of the year. This improvement is being driven by more encouraging employment forecasts for the next three months, whilst companies are assessing their current employment levels with slightly greater caution than in the last quarter.
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