March

In March 2019, the KOF Economic Barometer rose and has reached a reading of 97.4. The recent downward tendency has at least for the time being ended. However, as the current barometer reading is still markedly below its average, in the coming months the Swiss economy can expect to experience rather weak growth rates.

The KOF MPC figure for 7 March 2019 is 0.03. The ECB communicated that an ample degree of monetary accommodation is necessary for a sustained convergence of inflation to the ECB’s aim.