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: companies continue plans to increase jobs slightly
The KOF Employment Indicator edged down to 2.0 points in the fourth quarter of 2026, remaining just above its long-term average. This decline is primarily attributable to firms’ assessment of their current staffing levels. On balance, more companies still intend to increase their workforce over the next three months than those looking to reduce it. Momentum in the Swiss labour market therefore remains solid.
KOF Monetary Policy Communicator for the Euro Area, October 2026
The KOF MPC figure for 29 October 2026 is 0.17. At today’s meeting, the ECB’s Governing Council decided to keep the three key ECB interest rates unchanged.
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.
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