Economic Buzz: Switzerland KOF Economic Barometer Falls In August

30 Aug 2022 , 02:09 PM

In August, the Switzerland KOF Economic Barometer fell by 4.0 points, from 90.5 (revised from 90.1) to 86.5. Since the last peak in May 2021, a downward trend has been emerging. This has now continued unabated for four months in a row. The decline is primarily due to indicators broadly associated with private consumption, but the manufacturing sector and the construction industry are emitting negative signals, too. The other indicators included in the barometer show hardly any changes.Powered by Commodity Insights