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The KOF Economic Barometer rises for the third consecutive month in January. This is the first time since March last year that it rises above its medium-term average. There are increasing signs that the Swiss economy will soon recover.

The KOF MPC figure for 25 January 2024 is 0.09. At today’s meeting, the ECB’s Governing Council decided to keep the three key ECB interest rates unchanged.

The Global Barometers continue to increase, signalling an acceleration in world economic growth at the turn of the year. However, despite the seventh consecutive rise, the Coincident Barometer remains below its average of 100 points. The Leading Barometer reaches its highest level since 2021.