A measure signaling future turning points in the Swiss economy improved in September but still remains subdued, the results of a survey by the KOF Swiss Economic Institute showed Tuesday.
The economic barometer rose to 98.0 in September from an upwardly revised 97.4 in August. Nonetheless, it was still below the medium-term average of 100.
In September, the production-side indicator bundles, including manufacturing and financial and insurance services, point to an improved outlook in particular, while on the demand side, the indicators for foreign demand weakened. Data showed that the prospects for private consumption remain unaltered, 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.