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The KOF Economic Barometer rises in November. After falling below the 100 mark in October for the first time since January, the KOF Economic Barometer reaches the 100 mark again this month. The Swiss economy develops steadily albeit without strong dynamics.

Healthcare spending in Switzerland continues to grow. KOF expects this expenditure to rise from CHF 95 billion in 2023 to over CHF 106 billion in 2026, with per-capita healthcare expenditure likely to reach almost CHF 11,600 by the end of 2026. And the importance of the healthcare sector in terms of GDP will also continue to increase. These are the key findings of KOF’s health expenditure forecast, which was compiled with the help of a research contribution from comparis.ch.

After remaining practically stable for most of the year, the Global Barometers increase more markedly in November. The region Asia, Pacific & Africa stands out in the development of the Coincident barometer, which records its highest level since April 2022.

The KOF Business Situation Indicator for the Swiss private sector, which is calculated on the basis of KOF’s Business Tendency Surveys, rose slightly in October. This offsets some of its decline in September. Overall, this indicator has been moving sideways – with minor fluctuations – since this spring. These sectoral trends vary so widely that no broad-based momentum can develop.

The current level of the KOF Employment Indicator is virtually unchanged compared with last quarter. There are hardly any changes in the individual sectors either. The indicator value suggests that employment in Switzerland will continue to perform well over the coming months.