07
KOF Economic Barometer: Slight easing, but no all-clear
The KOF Economic Barometer rises slightly in July. After three consecutive declines, it is now going up again for the first time, but at 92.2 points, it still shows a below-average development. The economic environment remains difficult for the Swiss economy.
KOF Monetary Policy Communicator, July 2023
The KOF MPC figure for 27 July 2023 is 0.25. At today’s meeting, the ECB’s Governing Council communicated that inflation continues to decline but is still expected to remain too high for too long.
Global Economic Barometers fluctuate in the adverse zone
The Global Barometers increase slightly this month, oscillating in the below-average range. This reflects the difficulties in the recovery process of world economic activity in 2023. This month’s increase occurred in all three regions analysed.