A measure signaling future turning points in the Swiss economy improved slightly in May, but it still indicates that the outlook for the economy remains subdued, the results of a survey by the KOF Swiss Economic Institute showed Friday.
The economic barometer rose to 98.5 in May from 97.1 in the previous month.
Among components, the indicator bundle for manufacturing included in the Barometer showed particularly positive developments, while the demand-side indicator bundles for foreign demand and private consumption were under pressure, the KOF said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.