Press Releases

The KOF MPC figure for 6 March 2025 is 0.05. At today’s meeting, the ECB’s Governing Council decided to lower the three key ECB interest rates.

In February, the KOF Economic Barometer decreases. After an increase in the previous months, it remains above its medium-term average. While faced with headwinds, the Swiss Economy shows a robust outlook.

The Global Barometers increase slightly in February, partially recovering the losses of the previous month. The results indicate a possible consolidation of these levels for the indicators, after an upward tendency was indicated at the end of 2024.   

The KOF Business Situation Indicator for the Swiss private sector, which is calculated on the basis of the KOF Business Tendency Surveys, fell in January. It had previously risen in October and November last year and remained virtually unchanged in December. Business expectations for the next six months were once again slightly more cautious in January than they had been in December.

The KOF Employment Indicator has fallen slightly in the first quarter of 2025 compared with last quarter. This decline is primarily due to the worsening employment prospects in the retail and manufacturing sectors. Overall, the Swiss labour market is expected to remain subdued this quarter and next.

The KOF MPC figure for 30 January 2025 is 0.17. At today’s meeting, the ECB’s Governing Council decided to lower the three key ECB interest rates.