September

In September, the KOF Economic Barometer falls to its lowest level since 2015. It now stands at 93.2 points, 2.3 points lower than in August (revised from 97.0 to 95.5 points). The downward tendency that has been evident since the beginning of the year is now continuing. The economic outlook for Switzerland remains gloomy towards the end of 2019.

The KOF MPC figure for 12 September 2019 is -0.15. The ECB communicated a continued shortfall of inflation with respect to the ECB’s aim.