Switzerland May KOF leading indicator index 96.8 vs 102.3 expected

  • Latest data released by KOF - 30 May 2022
  • Prior 101.7; revised to 103.0

That's a disappointing reading and points to a loss in confidence in the economic outlook and trend over the next six months. Recession risks are brewing and that is becoming more evident by headlines like this. The reading measures the future trends of overall economic activity in the Swiss economy.

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