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KOF Economic Barometer: Sluggish economic recovery
In October, the KOF Economic Barometer drops noticeably. Although it is still within the medium-term average range, for the first time since January of this year it is no longer above the 100 mark. The recovery of the Swiss economy is very hesitant.
KOF Monetary Policy Communicator for the Euro Area, October 2024
The KOF MPC figure for 17 October 2024 is 0.06. At today’s meeting, the ECB’s Governing Council decided to lower the three key ECB interest rates.
Global Barometers signal continued moderate growth of the world economy
The Global Barometers record a small increase in October, largely offsetting the previous month’s decline. The Coincident Barometer continues to signal economic development below the medium-term average, while the leading barometer continues to point to a normalisation of growth in the coming months.