- prev revised up from +1.53
- exp +1.6
USDCHF back up to 0.9001 and unrelated to the improved data
Add:
- KOF institute sees continued improvement in the Swiss economy in coming months
- improvement underlines the success of the EURCHF 1.20 peg
The present upswing of the Swiss business cycle can accordingly be expected to continue and in the next few months the year-on-year growth rate of Swiss GDP should gain further momentum