A measure signaling future turning points in the Swiss economy decreased unexpectedly in June to the lowest level in six months, the results of a survey by the KOF Swiss Economic Institute showed Monday.
The economic barometer dropped to 96.1 in June from 98.6 in the previous month. The expected reading was 99.3.
Moreover, this was the lowest reading this year so far, indicating deterioration in the outlook for the Swiss economy.
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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.